Bais Vaad Lechachomim Yerishulayim Inc

Analysis

Bais Vaad Lechachomim Yerishulayim Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2022, 4 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, Bais Vaad Lechachomim Yerishulayim Inc reported income of $801k and spending of $802k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $162k to $801k (+394%), an average of +122% a year. The sharpest change came in the year to December 2022, when income rose by 174%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bais Vaad Lechachomim Yerishulayim Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Chino Valley Islamic Center ($801k), Sacred Heart Lawrence ($802k) and Friends of Zichron Kelem of Jerusalem Inc ($801k).

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 $2,254 against liabilities of $0, net assets of $2,254.