Beis Yosef Chaim Inc

Analysis

Beis Yosef Chaim Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2014, 12 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, Beis Yosef Chaim Inc reported income of $661k and spending of $661k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $661k (+160%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beis Yosef Chaim Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include United Way of Colquitt County ($660k), Mean Street Ministry ($661k) and Hamptons Invitational Charitable Fund Inc ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $225k, net assets of -$211k.