Maccabi USA Inc

Analysis

Maccabi USA Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1954, 72 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Maccabi USA Inc reported income of $7.9m and spending of $6.1m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $7.9m (+62%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 292%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maccabi USA 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 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include The New Jersey Titans Hockey Club Inc ($7.9m), Richmond Strikers Soccer Club Inc ($8.0m) and Minnesota State High School League ($7.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $247k (4.1% of expenses). Other salaries and wages came to $662k. At year end it held assets of $5.8m against liabilities of $720k, net assets of $5.1m. It reported 10 employees.