Sephardic Community Alliance

Analysis

Sephardic Community Alliance is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sephardic Community Alliance reported income of $1.1m and spending of $1.5m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $781k to $1.1m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sephardic Community Alliance sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Vaad Hatmimim Haolami Inc ($1.1m), Soul Restoration Project ($1.1m) and Ywam Publishing a Ministry of Youth with a Mission ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $296k. At year end it held assets of $82k against liabilities of $691k, net assets of -$609k. It reported 5 employees.