Deal Sephardic Youth Center Inc

Analysis

Deal Sephardic Youth Center Inc is a registered charity in United States, based in Oakhurst, NJ. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Deal Sephardic Youth Center Inc reported income of $13.0m and spending of $11.0m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.1m to $13.0m (+114%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 69% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Deal Sephardic Youth Center Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Alliance Community Healthcare Inc ($13.0m), Creative Child Care Inc ($13.1m) and National Honorary Beta Club ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $26.9m against liabilities of $6.4m, net assets of $20.5m. It reported 50 employees.