Young Sephardic Community Center

Analysis

Young Sephardic Community Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2019, 7 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, Young Sephardic Community Center reported income of $527k and spending of $568k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $451k to $527k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Young Sephardic Community Center 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 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Nefesh Monuments ($527k), New Nation ($527k) and Machzikei Torah Inc ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $105k against liabilities of $883, net assets of $104k.