Shulamith School for Girls of Brooklyn

Analysis

Shulamith School for Girls of Brooklyn is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2012, 14 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 August 2023, Shulamith School for Girls of Brooklyn reported income of $3.4m and spending of $4.4m, spending 132% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.7m to $3.4m (+25%), an average of +5.7% a year. The sharpest change came in the year to August 2022, when income rose by 117%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shulamith School for Girls of Brooklyn sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Ruah Woods ($3.4m), First Christian Academy & Learningcenter Inc ($3.4m) and Reid Temple Christian Academy Inc ($3.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.0% and program service revenue 94% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $1.4m against liabilities of $880k, net assets of $523k. It reported 65 employees.