Bnei Akiva of Lower Merion Inc

Analysis

Bnei Akiva of Lower Merion Inc is a registered charity in United States, based in Merion, PA. It received its IRS tax-exemption ruling in August 2012, 14 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 June 2023, Bnei Akiva of Lower Merion Inc reported income of $537k and spending of $112k, leaving 79% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $40k to $537k (+1250%), an average of +1250% a year. The sharpest change came in the year to June 2023, when income rose by 1250%. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bnei Akiva of Lower Merion Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Salt Next Gen Ministries ($537k), Bigtime Ministries ($537k) and Napa Institute Legal Foundation ($537k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $732k against liabilities of $146k, net assets of $586k.