Jack M Barrack Hebrew Academy

Analysis

Jack M Barrack Hebrew Academy is a registered charity in United States, based in Bryn Mawr, PA. It received its IRS tax-exemption ruling in January 1973, 53 years ago. 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, Jack M Barrack Hebrew Academy reported income of $17.5m and spending of $17.8m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $16.8m to $17.5m (+4.1%), an average of +1.0% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jack M Barrack Hebrew Academy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Boys & Girls Clubs of Greater Washington Inc ($17.4m), Maranatha Baptist University Inc ($17.5m) and Dallas Area Habitat for Humanity Inc ($17.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $534k (3.0% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $28.7m against liabilities of $17.1m, net assets of $11.6m. It reported 139 employees.