Bais Medrash Lavreichem Inc

Analysis

Bais Medrash Lavreichem Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bais Medrash Lavreichem Inc reported income of $186k and spending of $189k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $186k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bais Medrash Lavreichem Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Ripitt Foundation ($186k), Pan African Christian Exchange ($186k) and Sertoma Inc ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,624 against liabilities of $0, net assets of $1,624.