Stamford Jewish Center Incorporated

Analysis

Stamford Jewish Center Incorporated is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in February 1949, 77 years ago. 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, Stamford Jewish Center Incorporated reported income of $12.1m and spending of $11.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.2m to $12.1m (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stamford Jewish Center Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Los Angeles Education Partnership ($12.1m), Christian City Inc ($12.1m) and Free Clinic of the New River Valley Inc ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $356k (3.1% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $22.0m against liabilities of $7.6m, net assets of $14.3m. It reported 357 employees.