Bayonne Jewish Community Center

Analysis

Bayonne Jewish Community Center is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in May 1953, 73 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, Bayonne Jewish Community Center reported income of $3.9m and spending of $3.2m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.9m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bayonne Jewish Community Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Western Environmental Law Center ($3.9m), Harvard Crimson Inc ($3.9m) and Boy Scouts of America ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $422k (13% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $6.2m against liabilities of $134k, net assets of $6.1m. It reported 106 employees.