Overview
What is Beis Yosef Chaim Inc?
Beis Yosef Chaim Inc, situated in Brooklyn, New York, is a nonprofit organization that generously provides financial aid to various religious and charitable institutions worldwide. Their mission is to support these organizations in continuing their noble endeavors, contributing to their overall activities and causes. The organization's work transcends geographical boundaries, extending its financial assistance globally.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star Rating
Beis Yosef Chaim Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. With a score of 71%, the organization demonstrates strong governance, highlighted by its fully independent board and thorough financial documentation processes. The charity excels in program expenditure, dedicating 97.56% of its expenses to its programs, which reflects a commitment to fulfilling its mission.
While the organization showcases impressive strengths in governance and program spending, the overall rating suggests areas for improvement in areas such as financial efficiency or transparency. Despite having no reported material diversion of assets and a clear conflict of interest policy, the 71% score indicates that stakeholders might still seek additional information regarding other financial metrics or operational performance.
Overall, Beis Yosef Chaim Inc's strong adherence to governance standards and high program expense ratio position it as a reliable organization, yet the moderate overall rating suggests potential donors and supporters may want to consider further details before engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Beis Yosef Chaim Inc legitimate?
Beis Yosef Chaim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beis Yosef Chaim Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Beis Yosef Chaim Inc?
Beis Yosef Chaim Inc's mission is centered around providing financial aid to religious and charitable organizations globally. This assistance is aimed at enabling these organizations to continue with their noble activities. The primary goal is to empower these organizations to make a significant impact in their respective communities. By offering financial support, Beis Yosef Chaim Inc contributes to the sustained operation and growth of these organizations, thereby extending their reach and influence. The organization's mission is a testament to its commitment to global welfare and social causes, demonstrating its role as a catalyst for positive change through financial aid.
Who is the CEO of Beis Yosef Chaim Inc?
Abraham Kohn is the President of Beis Yosef Chaim Inc.
What is the revenue of Beis Yosef Chaim Inc?
Beis Yosef Chaim Inc's revenue in 2022 was $584,439.
Who are the executives of Beis Yosef Chaim Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Beis Yosef Chaim Inc?
Beis Yosef Chaim Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beis Yosef Chaim Inc
Beis Yosef Chaim Inc is committed to providing financial assistance to religious and charitable organizations worldwide. This nonprofit organization's mission is to aid these organizations in continuing their activities, thereby contributing to various causes and communities globally. By offering financial support, Beis Yosef Chaim Inc plays a significant role in enabling these organizations to sustain their operations and make a positive impact in the lives of many.
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Impact
July, 2024
Beis Yosef Chaim Inc's impact lies in its crucial role in providing financial assistance to religious and charitable organizations worldwide. By extending support to these institutions, Beis Yosef Chaim Inc enables them to sustain their activities and continue their valuable work within their communities. The organization's philanthropic efforts contribute to the overall well-being and social impact of these organizations, ultimately helping them fulfill their missions and make a positive difference in the world.
This information is meant to be a general summary of Beis Yosef Chaim Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $584,439
Assets and Liabilities:
- Total Assets: $2,235
- Total Liabilities: $213,401
- Net Assets: -$211,166
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Organization Details
Founding Year
2014
Phone
(917) 593-8016Principal Officer
Abraham Kohn
Main Address
1662 50TH STREET, BROOKLYN, NY, 11204
NTEE Category
Code: T12 - Philanthropy
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