Bnos Basya Inc

Analysis

Bnos Basya Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in April 2022, 4 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, Bnos Basya Inc reported income of $848k and spending of $739k, spending 87% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $470k to $848k (+80%), an average of +80% a year. The sharpest change came in the year to August 2023, when income rose by 80%. 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, Bnos Basya Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Signal Mountain Christian School Inc ($848k), Huber Foundation ($848k) and Peace Gospel International ($847k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $377k. At year end it held assets of $321k against liabilities of $130k, net assets of $192k. It reported 63 employees.