Kollel Bais Yosef Inc

Analysis

Kollel Bais Yosef Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 2020, 6 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, Kollel Bais Yosef Inc reported income of $322k and spending of $284k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $92k to $322k (+251%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kollel Bais Yosef Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Everyday Zen ($322k), E3 Elevating Education Everywhere Inc ($322k) and Rabbanut NFP ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.