Bet Midrash Karne Ram Inc

Analysis

Bet Midrash Karne Ram Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bet Midrash Karne Ram Inc reported income of $100k and spending of $111k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $100k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bet Midrash Karne Ram Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Awakening to God Ministries ($100k), Biblical Family Ministries Inc ($100k) and The Embassy Center Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.