Bet Tzedek

Analysis

Bet Tzedek is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1973, 53 years ago. 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 August 2023, Bet Tzedek reported income of $18.2m and spending of $17.0m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $11.3m to $18.2m (+62%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bet Tzedek sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Peck School ($18.2m), Grant-Blackford Mental Health Inc ($18.2m) and San Marcos Hays County Emergency Medical Services Incorporated ($18.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $1.2m (6.8% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $27.5m against liabilities of $8.3m, net assets of $19.2m. It reported 131 employees.