Friends of Beis Chana Tzfas Inc

Analysis

Friends of Beis Chana Tzfas Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 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, Friends of Beis Chana Tzfas Inc reported income of $434k and spending of $404k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $434k (+96%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 109%. 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, Friends of Beis Chana Tzfas 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 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Take the Nations-Usa ($434k), Light of Life Ministries ($434k) and Makedo ($434k).

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 $65k against liabilities of $0, net assets of $65k.