Jewish Community Council of Greater Coney Island Inc

Analysis

Jewish Community Council of Greater Coney Island Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jewish Community Council of Greater Coney Island Inc reported income of $66.1m and spending of $65.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.7m to $66.1m (+80%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Community Council of Greater Coney Island Inc 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 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Tempe Life Care Village Inc ($66.1m), Edward Charles Foundation ($66.5m) and Turning Points for Children ($66.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $633k (1.0% of expenses). Other salaries and wages came to $14.8m. It paid $105k in professional fundraising fees. At year end it held assets of $26.3m against liabilities of $17.1m, net assets of $9.2m. It reported 1,377 employees.