Ravenswood Budlong Hebr Cong

Analysis

Ravenswood Budlong Hebr Cong is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ravenswood Budlong Hebr Cong reported income of $3.2m and spending of $2.5m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $3.2m (+165%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ravenswood Budlong Hebr Cong 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 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Jews United for Justice Inc ($3.2m), Missionary Aviation Repair Center ($3.2m) and Me-Yad Jewish Outreach Program Chabad of Golden Beach Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 70% of the total. Other salaries and wages came to $451k. At year end it held assets of $5.3m against liabilities of $2.2m, net assets of $3.1m.