Jewish Community Centers of Greater Boston Inc

Analysis

Jewish Community Centers of Greater Boston Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jewish Community Centers of Greater Boston Inc reported income of $33.9m and spending of $25.6m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.1m to $33.9m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Community Centers of Greater Boston Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Maryland Family Network Inc ($33.8m), The Elizabeth Hospice Inc ($33.9m) and Symmes Life Care Inc ($33.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $2.5m (9.6% of expenses). Other salaries and wages came to $11.7m. At year end it held assets of $59.4m against liabilities of $20.2m, net assets of $39.2m. It reported 940 employees.