Joseph & Florence Mandel Jewish Day School

Analysis

Joseph & Florence Mandel Jewish Day School is a registered charity in United States, based in Beachwood, OH. It received its IRS tax-exemption ruling in May 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Joseph & Florence Mandel Jewish Day School reported income of $24.2m and spending of $9.6m, leaving 60% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.3m to $24.2m (+97%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 120%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joseph & Florence Mandel Jewish Day School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Quad Preparatory School ($24.2m), American Association of State Colleges and Universities ($24.2m) and University of No Ala Foundation ($24.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $557k (5.8% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $49.9m against liabilities of $5.0m, net assets of $44.8m. It reported 142 employees.