Corporate Bet Midrash - CBM Inc

Analysis

Corporate Bet Midrash - CBM Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 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, Corporate Bet Midrash - CBM Inc reported income of $103k and spending of $98k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $103k (+1.2%), an average of +1.2% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Corporate Bet Midrash - CBM Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Global Construction Ministries ($103k), Mel Lamar Ministries Inc ($103k) and New Genesis Foundation ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,458 against liabilities of $110, net assets of $6,348.