Bet Yaakov Oz Vehadar Inc

Analysis

Bet Yaakov Oz Vehadar Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Bet Yaakov Oz Vehadar Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $332k to $1.1m (+235%), an average of +50% a year. The sharpest change came in the year to August 2021, when income rose by 110%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bet Yaakov Oz Vehadar Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Malama Honua Public Charter School Foundation ($1.1m), International Accreditation Council for Business Education ($1.1m) and Bedford County Regional Campus at Everett Foundation of Allegheny ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $612k. At year end it held assets of $606k against liabilities of $227k, net assets of $378k. It reported 28 employees.