Leo Baeck Institute Inc

Analysis

Leo Baeck Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1959, 67 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 December 2023, Leo Baeck Institute Inc reported income of $5.6m and spending of $3.8m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.6m (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leo Baeck Institute Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include French Immersion School of Washington ($5.6m), Morgan Memorial Foundation Inc ($5.6m) and Soille San Diego Hebrew Day School ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $219k (5.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $16.3m against liabilities of $140k, net assets of $16.2m. It reported 23 employees.