Bnos Esther Malka Inc

Analysis

Bnos Esther Malka Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 2013, 13 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, Bnos Esther Malka Inc reported income of $5.6m and spending of $5.1m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.2m to $5.6m (+160%), an average of +27% a year. The sharpest change came in the year to August 2021, when income rose by 60%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bnos Esther Malka Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Bridge Academy ($5.6m), The Willow School Inc ($5.6m) and Louisiana Leadership Institute ($5.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 25% and program service revenue 59% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $9.0m against liabilities of $5.9m, net assets of $3.1m. It reported 119 employees.