Beth Medrash Govoha of New York

Analysis

Beth Medrash Govoha of New York is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beth Medrash Govoha of New York reported income of $1.5m and spending of $1.7m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.5m (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beth Medrash Govoha of New York sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Knom Radio Mission Inc ($1.5m), Dharius Daniels Ministries Inc ($1.5m) and Chung Te Buddhist Association of New York Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Other salaries and wages came to $521k. At year end it held assets of $393k against liabilities of $148k, net assets of $245k. It reported 14 employees.