Jewish Community Board of Akron Inc

Analysis

Jewish Community Board of Akron Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Jewish Community Board of Akron Inc reported income of $3.7m and spending of $3.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.7m (+32%), an average of +7.3% a year. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jewish Community Board of Akron Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Sierra Ambulance Service Inc ($3.7m), Hays Medical Center Foundation ($3.7m) and United Way of North Carolina ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $208k (6.1% of expenses). Other salaries and wages came to $522k. At year end it held assets of $25.1m against liabilities of $6.1m, net assets of $19.0m. It reported 13 employees.