Bnei David Foundation

Analysis

Bnei David Foundation is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in October 2017, 9 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 David Foundation reported income of $1.3m and spending of $1.5m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $463k to $1.3m (+182%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bnei David Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Ccic ($1.3m), Bluesky Global Ministries Inc ($1.3m) and Starfish Foundation ($1.3m).

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 $27k against liabilities of $0, net assets of $27k.