Laura and Alvin Siegal College of Judaic Studies Educational Foundat

Analysis

Laura and Alvin Siegal College of Judaic Studies Educational Foundat is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in May 1955, 71 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Laura and Alvin Siegal College of Judaic Studies Educational Foundat reported income of $93k and spending of $283k, spending 304% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $591k to $93k (-84%), an average of -37% a year. The sharpest change came in the year to June 2022, when income dropped by 54%. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laura and Alvin Siegal College of Judaic Studies Educational Foundat sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include World Wide Radio Operators Foundation Inc ($93k), Austin Area Association for Bilingual Education ($93k) and Dunbarton Elementary PTO ($93k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $5.6m against liabilities of $1.3m, net assets of $4.4m.

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.