Bnai Brith House of Reading Inc

Analysis

Bnai Brith House of Reading Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in August 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bnai Brith House of Reading Inc reported income of $1.9m and spending of $1.3m, leaving 31% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.9m (+42%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bnai Brith House of Reading Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Albany Schenectady Green County Agricultural & Historical Society ($1.9m), Green Foothills Foundation ($1.9m) and St Paul Luhrn Child Devpt Ctr Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $87k (6.6% of expenses). Other salaries and wages came to $280k. At year end it held assets of $3.3m against liabilities of $104k, net assets of $3.2m. It reported 8 employees.