Jewish Community Center of Atlantic County

Analysis

Jewish Community Center of Atlantic County is a registered charity in United States, based in Margate, NJ. It received its IRS tax-exemption ruling in September 1957, 69 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 April 2024, Jewish Community Center of Atlantic County reported income of $6.6m and spending of $6.7m, spending 101% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $5.3m to $6.6m (+25%), an average of +5.7% a year. The sharpest change came in the year to April 2022, when income rose by 97%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jewish Community Center of Atlantic County sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Usta Mid-Atlantic Foundation ($6.6m), Players Development Academy Corp ($6.8m) and Shelby Farms Park Conservancy ($6.6m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $394k (5.9% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $9.7m against liabilities of $3.4m, net assets of $6.4m. It reported 284 employees.