Masores Bnos Yisroel Inc

Analysis

Masores Bnos Yisroel Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Masores Bnos Yisroel Inc reported income of $1.8m and spending of $2.1m, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $602k to $1.8m (+199%), an average of +32% a year. The sharpest change came in the year to August 2021, when income rose by 41%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Masores Bnos Yisroel Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Memphis Opportunity Scholarship TR Inc ($1.8m), Cancer Alliance of Help and Hope ($1.8m) and Center for Arts-Inspired Learning ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $893k against liabilities of $1.7m, net assets of -$856k. It reported 81 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.