Michael-Ann Russell Jewish Community Center Inc

Analysis

Michael-Ann Russell Jewish Community Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Michael-Ann Russell Jewish Community Center Inc reported income of $21.9m and spending of $19.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.1m to $21.9m (+67%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Michael-Ann Russell Jewish Community Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Humangood Affordable Housing ($21.9m), Social Advocates for Youth San Diego Inc ($21.9m) and Community Action Organization of Scioto County Inc ($21.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $640k (3.3% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $29.9m against liabilities of $17.8m, net assets of $12.2m. It reported 484 employees.