Raymond and Ruth Perelman Jewish Day School

Analysis

Raymond and Ruth Perelman Jewish Day School is a registered charity in United States, based in Wynnewood, PA. It received its IRS tax-exemption ruling in July 1995, 31 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 July 2023, Raymond and Ruth Perelman Jewish Day School reported income of $13.0m and spending of $14.0m, spending 107% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $12.9m to $13.0m (+1.4%), an average of +0.4% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Raymond and Ruth Perelman Jewish Day School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include American Schools Abroad Inc ($13.0m), Paraquad Inc ($13.1m) and Inpact Inc ($13.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 29% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $532k (3.8% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $37.7m against liabilities of $2.4m, net assets of $35.3m. It reported 117 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.