Drisha Institute for Jewish Education Inc

Analysis

Drisha Institute for Jewish Education Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 1979, 47 years ago. 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, Drisha Institute for Jewish Education Inc reported income of $598k and spending of $1.6m, spending 270% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $983k to $598k (-39%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 193%. Over the whole period it spent 224% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Drisha Institute for Jewish Education Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Childrens Meetinghouse Inc ($598k), Lake Region Healthcare Foundation ($598k) and Hollywood West Tenant Action Committee ($598k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $98k (6.1% of expenses). At year end it held assets of $1.9m against liabilities of $1.5m, net assets of $443k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.