Marjorie and Lewis Katz Community Center Inc

Analysis

Marjorie and Lewis Katz Community Center Inc is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Marjorie and Lewis Katz Community Center Inc reported income of $183k and spending of $83k, leaving 55% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $200k to $183k (-8.4%), an average of -2.2% a year. Over the whole period it spent 48% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Marjorie and Lewis Katz Community Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Family Career and Community Leaders of America Inc ($183k), The Glo House Inc ($183k) and Heartbeats for Patches Inc ($183k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $1.7m against liabilities of $50k, net assets of $1.7m.