The Hebrew Day School of Broward County Inc

Analysis

The Hebrew Day School of Broward County Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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 2024, The Hebrew Day School of Broward County Inc reported income of $27.5m and spending of $23.9m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $19.5m to $27.5m (+41%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Hebrew Day School of Broward County 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 FL. Charities of a similar size with the same main cause include Learning Disabilities Association of Western New York Inc ($27.5m), Tri County Community Health Council Inc ($27.5m) and 1st Choice Healthcare Inc ($27.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.1m (4.4% of expenses). Other salaries and wages came to $11.2m. At year end it held assets of $41.1m against liabilities of $16.5m, net assets of $24.6m. It reported 187 employees.