Habonim Labor Zionist Youth

Analysis

Habonim Labor Zionist Youth is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1944, 82 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Habonim Labor Zionist Youth reported income of $823k and spending of $835k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $823k (-24%), an average of -6.5% a year. The sharpest change came in the year to September 2023, when income rose by 46%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Habonim Labor Zionist Youth sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Katheryne B Payne Education Center ($823k), Friends of the Four Homes of Mercy ($823k) and Fort Collins Waldorf Education Association Inc ($823k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $33k (3.9% of expenses). Other salaries and wages came to $143k. At year end it held assets of $487k against liabilities of $241k, net assets of $246k. It reported 6 employees.