Friends of Meohr Bais Yaakov Inc

Analysis

Friends of Meohr Bais Yaakov Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in June 2018, 8 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 Meohr Bais Yaakov Inc reported income of $364k and spending of $254k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $335k to $364k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Meohr Bais Yaakov Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Tommy Walker Ministries ($364k), El Porvenir Christian Camp and Retreat Center ($365k) and Well Coffee House Boston ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $186k against liabilities of $0, net assets of $186k. It reported 2 employees.