Maimonides Hebrew Day School

Analysis

Maimonides Hebrew Day School is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maimonides Hebrew Day School reported income of $103k and spending of $90k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $302k to $103k (-66%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 38%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maimonides Hebrew Day School sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Westwood Debate and Speech Boosters ($103k), Andrew McMorris Foundation Inc ($103k) and Raphael-Evelyn Education Foundation ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $48k. At year end it held assets of $253k against liabilities of $0, net assets of $253k. It reported 3 employees.