Barry & Florence Friedberg Jewish Community Center

Analysis

Barry & Florence Friedberg Jewish Community Center is a registered charity in United States, based in Oceanside, NY. It received its IRS tax-exemption ruling in August 1963, 63 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Barry & Florence Friedberg Jewish Community Center reported income of $14.6m and spending of $14.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.5m to $14.6m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Barry & Florence Friedberg Jewish Community Center sits at the 99th percentile: it is one of the largest 1% in its cause. 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 New Song Ministries Inc ($14.5m), Angel Ministries ($14.8m) and Pa Education Association ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $413k (2.9% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $7.7m against liabilities of $6.8m, net assets of $977k. It reported 681 employees.