Charles E Smith Jewish Day School of Greater Washington Inc
Analysis
Charles E Smith Jewish Day School of Greater Washington Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Charles E Smith Jewish Day School of Greater Washington Inc reported income of $40.0m and spending of $40.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.6m to $40.0m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Charles E Smith Jewish Day School of Greater Washington 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 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Tower Hill School ($39.9m), Uc Santa Barbara Foundation ($40.0m) and Renew-Reinventing Education ($39.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $690k (1.7% of expenses). Other salaries and wages came to $17.8m. At year end it held assets of $66.8m against liabilities of $6.2m, net assets of $60.6m. It reported 339 employees.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 79%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tower Hill School | Wilmington | $39.9m |
| Uc Santa Barbara Foundation | Santa Barbara | $40.0m |
| Renew-Reinventing Education | New Orleans | $39.9m |
| Trustees of Newark Academy | Livingston | $40.0m |