Bais Schneur Youth Development Program

Analysis

Bais Schneur Youth Development Program is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bais Schneur Youth Development Program reported income of $769k and spending of $790k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $823k to $769k (-6.5%), an average of -6.5% a year. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bais Schneur Youth Development Program sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Family Empowerment Centers ($769k), Angel Charity for Children Foundation Inc ($770k) and Southern California Childrens Museum Inc ($769k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $52k (6.6% of expenses). Other salaries and wages came to $61k. At year end it held assets of $489k against liabilities of $368k, net assets of $121k. It reported 7 employees.