Bnei Melachim Inc

Analysis

Bnei Melachim Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bnei Melachim Inc reported income of $193k and spending of $263k, spending 137% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $180k to $193k (+7.1%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bnei Melachim Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Hope for Brazil Ministries Inc ($193k), Wesley Putnam Ministries ($193k) and Organization for Hindu Religion and Culture ($193k).

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 $66k against liabilities of $0, net assets of $66k.