National Society for Hebrew Day Schools

Analysis

National Society for Hebrew Day Schools is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, National Society for Hebrew Day Schools reported income of $71.1m and spending of $67.5m, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $44.0m to $71.1m (+62%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, National Society for Hebrew Day Schools sits at the 100th 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 Word of Life Fellowship Inc ($68.7m), Operation Compassion a Tennessee Non-Profit Corporation ($72.0m) and RBC Ministries ($64.9m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 92% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $184k (0.3% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $63.1m against liabilities of $9.5m, net assets of $53.6m. It reported 122 employees.