Hebrew Day School of Ann Arbor

Analysis

Hebrew Day School of Ann Arbor is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in January 1976, 50 years ago. 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, Hebrew Day School of Ann Arbor reported income of $1.8m and spending of $1.9m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.8m (+26%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hebrew Day School of Ann Arbor sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Shrine of St Joseph Friends Inc ($1.8m), Tree Folks Inc ($1.8m) and Eras Senior Network Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $153k (7.9% of expenses). Other salaries and wages came to $889k. At year end it held assets of $1.2m against liabilities of $119k, net assets of $1.1m. It reported 42 employees.