Sandra and Leon Levine Jewish Community Center Inc

Analysis

Sandra and Leon Levine Jewish Community Center Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2022, Sandra and Leon Levine Jewish Community Center Inc reported income of $9.2m and spending of $9.9m, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $9.3m to $9.2m (-0.8%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sandra and Leon Levine Jewish Community Center Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Camp Hachsharamoshava of N Y Inc ($9.2m), Wilds Christian Association Inc ($9.2m) and Academy of Model Aeronautics Ama ($9.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $184k (1.9% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $14.6m against liabilities of $1.1m, net assets of $13.6m. It reported 409 employees.