Spertus Institute for Jewish Learning and Leadership

Analysis

Spertus Institute for Jewish Learning and Leadership is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1966, 60 years ago. 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 2024, Spertus Institute for Jewish Learning and Leadership reported income of $5.4m and spending of $7.4m, spending 137% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $8.7m to $5.4m (-38%), an average of -9.2% a year. The sharpest change came in the year to June 2023, when income rose by 431%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spertus Institute for Jewish Learning and Leadership sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include LA Progresiva Presbyterian School Inc ($5.4m), Valley Day School ($5.4m) and United States Dressage Federation Inc ($5.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $589k (8.0% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $61.0m against liabilities of $5.9m, net assets of $55.2m. It reported 70 employees.