Long Island Hebrew Academy

Analysis

Long Island Hebrew Academy is a registered charity in United States, based in Great Neck, NY. It received its IRS tax-exemption ruling in August 1999, 27 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 December 2023, Long Island Hebrew Academy reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Long Island Hebrew Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Ambassador High School ($1.8m), Lock Haven University Student Auxiliary Services Inc ($1.8m) and Lutheran Education Association ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $901k against liabilities of $0, net assets of $901k. It reported 45 employees.