Hebrew Kindergarten and Infants Home Inc

Analysis

Hebrew Kindergarten and Infants Home Inc is a registered charity in United States, based in Far Rockaway, NY. It received its IRS tax-exemption ruling in May 1938, 88 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hebrew Kindergarten and Infants Home Inc reported income of $1.9m and spending of $1.6m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.9m (-9.0%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hebrew Kindergarten and Infants Home Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Inyo Mono Association for the Handicapped Inc ($1.9m), Ypsilanti Meals on Wheels ($1.9m) and CJR Fund Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 0.6% of the total. Other salaries and wages came to $835k. At year end it held assets of $3.1m against liabilities of $314k, net assets of $2.8m. It reported 23 employees.