Raymond and Mirim Klein JCC

Analysis

Raymond and Mirim Klein JCC is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Raymond and Mirim Klein JCC reported income of $5.5m and spending of $4.2m, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.1m to $5.5m (+7.8%), an average of +1.9% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Raymond and Mirim Klein JCC sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include 4 Ranges Community Recreation Foundation ($5.5m), Winter Guard International Inc ($5.5m) and Jamestown Community Center Inc ($5.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 66% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $484k (12% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $7.1m against liabilities of $285k, net assets of $6.8m. It reported 75 employees.