Mandel Jewish Community Center of the Palm Beaches Inc

Analysis

Mandel Jewish Community Center of the Palm Beaches Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mandel Jewish Community Center of the Palm Beaches Inc reported income of $16.5m and spending of $12.3m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.5m to $16.5m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mandel Jewish Community Center of the Palm Beaches 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 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Adamah Inc ($16.5m), Star K Certification Inc ($16.5m) and Lutheran Home ($16.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $312k (2.5% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $28.1m against liabilities of $8.1m, net assets of $20.0m. It reported 419 employees.