Bnot Shirah of Deal Inc

Analysis

Bnot Shirah of Deal Inc is a registered charity in United States, based in Deal, NJ. It received its IRS tax-exemption ruling in December 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, Bnot Shirah of Deal Inc reported income of $1.8m and spending of $1.7m, spending 93% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $251k to $1.8m (+608%), an average of +92% a year. The sharpest change came in the year to August 2021, when income rose by 442%. 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, Bnot Shirah of Deal Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Heartwood Az ($1.8m), Richmond Electricians Joint Apprenticeship Committee ($1.8m) and Yerkes Future Foundation Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 59% and program service revenue 28% of the total. Other salaries and wages came to $934k. At year end it held assets of $880k against liabilities of $45k, net assets of $835k. It reported 45 employees.