Gemah Bet Yisrael Inc

Organization Overview

Gemah Bet Yisrael Inc is located in Brooklyn, NY. The organization was established in 2016. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gemah Bet Yisrael Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Gemah Bet Yisrael Inc generated $916.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $878.9k during the year ending 12/2022. While expenses have increased by 33.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE TORAH BY FUNDING EDUCATIONAL PROGRAMS AND STUDY; WITH PARTICULAR ATTENTION TO SUPPORTING TORAH SCHOLARS THROUGH EDUCATIONAL GRANTS AND THE PROVISION OF LIVING EXPENSE STIPENDS OR GRANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE TORAH BY FUNDING EDUCATIONAL PROGRAMS AND STUDY; WITH PARTICULAR ATTENTION TO SUPPORTING TORAH SCHOLARS THROUGH EDUCATIONAL GRANTS AND THE PROVISION OF LIVING EXPENSE STIPENDS OR GRANTS.


TO ENGAGE IN CHARITABLE, RELIGIOUS AND EDUCATIONAL ACTIVITIES THAT QUALIFY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.


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Board, Officers & Key Employees

Name (title)Compensation
Ronald Adjmi
Director
$0
Rabbi Joesph Harari-Raful
President
$0
Irwin Shamah
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$916,090
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$916,090
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $916,090

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