Mid-Island Y Jewish Community Center Inc

Analysis

Mid-Island Y Jewish Community Center Inc is a registered charity in United States, based in Plainview, NY. It received its IRS tax-exemption ruling in April 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mid-Island Y Jewish Community Center Inc reported income of $14.6m and spending of $14.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.1m to $14.6m (+11%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mid-Island Y Jewish Community Center 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 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Blue Water Development Housing Inc ($14.6m), Gay and Lesbian Community Center of Southern Nevada Inc ($14.6m) and Goshen Valley Foundation Inc ($14.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $347k (2.4% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $14.0m against liabilities of $7.6m, net assets of $6.4m. It reported 592 employees.