Bais Yaakov School for Girls

Analysis

Bais Yaakov School for Girls is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1977, 49 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, Bais Yaakov School for Girls reported income of $3.0m and spending of $3.2m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.8m to $3.0m (+6.7%), an average of +1.6% a year. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bais Yaakov School for Girls sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Renaissance Academy Inc ($3.0m), Won Institute of Graduate Studies ($3.0m) and James Rushton I Foundation ($3.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 40% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $206k (6.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $20.4m against liabilities of $22k, net assets of $20.4m. It reported 76 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.