Ateres Bnos Ita

Analysis

Ateres Bnos Ita is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 2020, 6 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, Ateres Bnos Ita reported income of $662k and spending of $853k, spending 129% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $301k to $662k (+120%), an average of +30% a year. The sharpest change came in the year to August 2022, when income rose by 43%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ateres Bnos Ita sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within NV. Charities of a similar size with the same main cause include Mt Salus Christian School ($662k), Milldam Nursery School Inc ($663k) and Presbyterian Learning Center of Lumberton ($662k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $181k (21% of expenses). Other salaries and wages came to $287k. At year end it held assets of $321k against liabilities of $562k, net assets of -$241k. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.