Abrams Hebrew Academy

Analysis

Abrams Hebrew Academy is a registered charity in United States, based in Yardley, PA. It received its IRS tax-exemption ruling in January 1954, 72 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Abrams Hebrew Academy reported income of $7.6m and spending of $7.5m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.2m to $7.6m (+80%), an average of +16% a year. The sharpest change came in the year to August 2020, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abrams Hebrew Academy 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 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include The Catholic Association Foundation ($7.5m), Freedom Fellowship ($7.6m) and Christian Center of Park City ($7.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $2.9m against liabilities of $1.6m, net assets of $1.3m. It reported 41 employees.