Congregation Beth David Endowment Foundation

Analysis

Congregation Beth David Endowment Foundation is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Congregation Beth David Endowment Foundation reported income of $107k and spending of $269k, spending 251% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $68k to $107k (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 911%. Over the whole period it spent 46% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Congregation Beth David Endowment Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include A and a Alexandrina Center Ltd ($107k), Unarius Educational Foundation ($107k) and The Harvest Project Inc ($107k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 27% of the total. At year end it held assets of $1.6m against liabilities of $1,500, net assets of $1.6m.