Bais Medrash of Rockland County Inc

Analysis

Bais Medrash of Rockland County Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Bais Medrash of Rockland County Inc reported income of $353k and spending of $333k, spending 95% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $149k to $353k (+136%), an average of +136% a year. The sharpest change came in the year to December 2022, when income rose by 136%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bais Medrash of Rockland County Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Florence Villa Community Development Corporation ($352k), Emmaus Ministries Inc ($353k) and Hope Missions of the Upstate ($352k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $85k. At year end it held assets of $86k against liabilities of $30k, net assets of $56k.