Sid Jacobson Jewish Community Center Inc

Analysis

Sid Jacobson Jewish Community Center Inc is a registered charity in United States, based in East Hills, NY. It received its IRS tax-exemption ruling in February 1970, 56 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, Sid Jacobson Jewish Community Center Inc reported income of $19.7m and spending of $19.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.4m to $19.7m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sid Jacobson Jewish Community Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Gentlebrook Inc ($19.7m), Dakota Boys and Girls Ranch Foundation ($19.7m) and Meals on Wheels of Central Maryland Inc ($19.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $605k (3.1% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $29.1m against liabilities of $7.7m, net assets of $21.4m. It reported 648 employees.