Bereisheet Inc

Analysis

Bereisheet Inc is a registered charity in United States, based in Englewd CLFS, NJ. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bereisheet Inc reported income of $234k and spending of $182k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $234k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bereisheet Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Center for Entrepreneurial Studies ($233k), Kenwood Educational Foundation ($234k) and Riverside Mission ($233k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $19k (11% of expenses). Other salaries and wages came to $62k. At year end it held assets of $206k against liabilities of $7,132, net assets of $199k.