Jewish Community Center of Ashville Inc

Analysis

Jewish Community Center of Ashville Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Jewish Community Center of Ashville Inc reported income of $3.9m and spending of $3.8m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.9m to $3.9m (+105%), an average of +20% a year. The sharpest change came in the year to August 2021, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jewish Community Center of Ashville 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 92nd percentile within NC. Charities of a similar size with the same main cause include Set Free Ministries ($3.9m), Isralight South Florida Inc ($3.9m) and South Hills Interfaith Ministries ($3.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $172k (4.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $10.2m against liabilities of $1.2m, net assets of $9.0m. It reported 151 employees.