Braingain Israel Inc

Analysis

Braingain Israel Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Braingain Israel Inc reported income of $301k and spending of $299k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $267k to $301k (+13%), an average of +13% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Braingain Israel Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Sykesville Public Library ($301k), Grandview School District Foundation Inc ($301k) and Volunteer Schools ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (3.3% of expenses). At year end it held assets of $139k against liabilities of $0, net assets of $139k.