Beit Shlomo Inc

Analysis

Beit Shlomo Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2019, 7 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, Beit Shlomo Inc reported income of $50k and spending of $51k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $50k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beit Shlomo Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include DMV Oromo Islamic Center ($50k), Ronald Avis Temple Israel Foundation ($50k) and American Devanand Yoga Center Inc ($50k).

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 $770 against liabilities of $4,700, net assets of -$3,930.