Jewish Home of Central New York Inc

Analysis

Jewish Home of Central New York Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in October 1942, 84 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 December 2023, Jewish Home of Central New York Inc reported income of $17.6m and spending of $18.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.0m to $17.6m (+4.0%), an average of +1.0% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Home of Central New York Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Roeper City & Country School Inc ($17.6m), Community Action Coaltion for South Central Wisconsin Inc ($17.6m) and Starbridge Services Inc ($17.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 87% of the total. Other salaries and wages came to $9.6m. At year end it held assets of $16.5m against liabilities of $14.0m, net assets of $2.5m. It reported 563 employees.