Institute for Jewish Spirituality Inc

Analysis

Institute for Jewish Spirituality Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Institute for Jewish Spirituality Inc reported income of $3.8m and spending of $4.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.8m (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Institute for Jewish Spirituality Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Equipping Leaders International Inc ($3.8m), Walk Thru the Bible Ministries ($3.8m) and Man in the Mirror Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $360k (9.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.9m against liabilities of $604k, net assets of $2.3m. It reported 20 employees.