Bnot Chaya Academy

Analysis

Bnot Chaya Academy is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2010, 16 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 October 2023, Bnot Chaya Academy reported income of $796k and spending of $1.1m, spending 140% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $712k to $796k (+12%), an average of +2.8% a year. The sharpest change came in the year to October 2022, when income rose by 66%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bnot Chaya Academy sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Screven Christian Academy Inc ($796k), Chesterton Academy of the St Croix Valley ($796k) and The History Co-Lab Inc ($795k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $80k (7.2% of expenses). Other salaries and wages came to $438k. At year end it held assets of $238k against liabilities of $639k, net assets of -$401k.