Gemah Bet Yisrael Inc

Analysis

Gemah Bet Yisrael Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2016, 10 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, Gemah Bet Yisrael Inc reported income of $603k and spending of $657k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $577k to $603k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gemah Bet Yisrael Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Fond du Lac Area United Way Inc ($602k), Black Joy Parade ($603k) and Nicolet National Foundation Inc ($602k).

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 $45k against liabilities of $0, net assets of $45k.