Ben Porat Yosef Inc

Analysis

Ben Porat Yosef Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ben Porat Yosef Inc reported income of $9.3m and spending of $9.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.5m to $9.3m (-2.8%), an average of -0.7% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ben Porat Yosef Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Chattahoochee Hills Charter School Inc ($9.3m), Worcester Preparatory School Inc ($9.3m) and Advocates for Science and Mathematics Education Inc ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $428k (4.6% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $11.3m against liabilities of $7.9m, net assets of $3.5m. It reported 137 employees.