Bais Yaakov of South Fallsburg Inc

Analysis

Bais Yaakov of South Fallsburg Inc is a registered charity in United States, based in Fallsburg, NY. It received its IRS tax-exemption ruling in May 2011, 15 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 June 2023, Bais Yaakov of South Fallsburg Inc reported income of $462k and spending of $515k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $590k to $462k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income rose by 115%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bais Yaakov of South Fallsburg Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Christian College Consortium Inc ($462k), Pt Education Inc ($462k) and Slavic Reformation Society ($462k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Other salaries and wages came to $149k. At year end it held assets of $1.5m against liabilities of $502k, net assets of $1000k.