The Schechter Institutes Inc

Analysis

The Schechter Institutes Inc is a registered charity in United States, based in Jenkintown, PA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Schechter Institutes Inc reported income of $5.6m and spending of $5.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $5.6m (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Schechter Institutes Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Association of State Floodplain Managers Inc ($5.6m), Emporia Community Foundation ($5.6m) and Nra Special Contribution Fund Nra Whittington Center ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. It paid $132k in professional fundraising fees. At year end it held assets of $5.4m against liabilities of $1,761, net assets of $5.4m.