Foundation for Jewish Day Schools of Greater Philadelphia

Analysis

Foundation for Jewish Day Schools of Greater Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Foundation for Jewish Day Schools of Greater Philadelphia reported income of $16.7m and spending of $13.8m, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $10.9m to $16.7m (+54%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Jewish Day Schools of Greater Philadelphia sits at the 95th percentile: it is larger than about 95% 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 Lincoln Leadership Academy Charter School Inc ($16.7m), University of Maryland Medical System Foundation Inc ($16.7m) and Best Academy Inc ($16.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $11.6m against liabilities of $356k, net assets of $11.3m.