Shulamith Institute for Girls Inc

Analysis

Shulamith Institute for Girls Inc is a registered charity in United States, based in Cedarhurst, NY. It received its IRS tax-exemption ruling in January 1942, 84 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 August 2023, Shulamith Institute for Girls Inc reported income of $17.2m and spending of $17.6m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $8.7m to $17.2m (+98%), an average of +19% a year. The sharpest change came in the year to August 2021, when income rose by 79%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shulamith Institute for Girls Inc 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 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Global Concepts Charter School ($17.2m), North Shore Hebrew Academy High School ($17.2m) and Umep ($17.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Other salaries and wages came to $7.2m. At year end it held assets of $18.5m against liabilities of $11.6m, net assets of $6.9m. It reported 268 employees.