The Sephardic Bikur Holim Fund in Memory of Joseph D Beyda Inc

Analysis

The Sephardic Bikur Holim Fund in Memory of Joseph D Beyda Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Sephardic Bikur Holim Fund in Memory of Joseph D Beyda Inc reported income of $226k and spending of $379k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $226k (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Sephardic Bikur Holim Fund in Memory of Joseph D Beyda Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Triangle Disability Advocates Inc ($226k), Itc Cares ($226k) and Fund for the New Jersey Blind ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m.