Jewish Community Center of Binghamton New York Inc

Analysis

Jewish Community Center of Binghamton New York Inc is a registered charity in United States, based in Vestal, NY. It received its IRS tax-exemption ruling in October 1957, 69 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Community Center of Binghamton New York Inc reported income of $3.3m and spending of $3.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.3m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Community Center of Binghamton New York Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Connect Our Kids ($3.3m), Michigan House Inc ($3.3m) and Canning Hunger Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $199k (5.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.0m against liabilities of $879k, net assets of $2.1m. It reported 151 employees.