Newburgh Jewish Community Center Inc

Analysis

Newburgh Jewish Community Center Inc is a registered charity in United States, based in Newburgh, NY. It received its IRS tax-exemption ruling in April 1960, 66 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, Newburgh Jewish Community Center Inc reported income of $433k and spending of $476k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $433k (+277%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 1197%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newburgh Jewish Community Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Harmony School ($433k), Empty Tomb ($433k) and National Church Residences of ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 64% of the total. Other salaries and wages came to $203k. At year end it held assets of $2.1m against liabilities of $654k, net assets of $1.4m. It reported 12 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.