Bais Yaakov Girls High School of Minneapolis

Analysis

Bais Yaakov Girls High School of Minneapolis is a registered charity in United States, based in St Louis Park, MN. It received its IRS tax-exemption ruling in July 2014, 12 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 July 2023, Bais Yaakov Girls High School of Minneapolis reported income of $880k and spending of $889k, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.7m to $880k (-49%), an average of -16% a year. The sharpest change came in the year to July 2021, when income dropped by 34%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bais Yaakov Girls High School of Minneapolis sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Impact Academy of Tallahassee Inc ($880k), Iron Workers Locals No 15 & 424 ($880k) and Emmanuel Christian School ($879k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $426k. At year end it held assets of $3.2m against liabilities of $845k, net assets of $2.4m. It reported 33 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.