Hebrew Institute for the Deaf & Exceptional Children

Analysis

Hebrew Institute for the Deaf & Exceptional Children is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1964, 62 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 June 2023, Hebrew Institute for the Deaf & Exceptional Children reported income of $6.1m and spending of $5.1m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $6.1m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hebrew Institute for the Deaf & Exceptional Children sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include CPTKD Academy Inc ($6.1m), Turing School of Software and Design ($6.1m) and Prizmah Center for Jewish Day Schools Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $191k (3.7% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $2.2m against liabilities of $834k, net assets of $1.4m. It reported 90 employees.