Jewish Community Day School Inc

Analysis

Jewish Community Day School Inc is a registered charity in United States, based in Watertown, MA. It received its IRS tax-exemption ruling in July 1996, 30 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 June 2023, Jewish Community Day School Inc reported income of $9.2m and spending of $8.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $9.2m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jewish Community Day School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include University of Virginia Medical School Foundation ($9.2m), Arete Scholars Louisiana Inc ($9.2m) and Passages America Israel Inc ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $388k (4.5% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $13.3m against liabilities of $3.6m, net assets of $9.7m. It reported 87 employees.