Institute of Southern Jewish Life Inc

Analysis

Institute of Southern Jewish Life Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Institute of Southern Jewish Life Inc reported income of $1.6m and spending of $1.8m, spending 116% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $3.4m to $1.6m (-53%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute of Southern Jewish Life Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within MS. Charities of a similar size with the same main cause include Central City Opera House Association Endowment Fund ($1.6m), Binghamton Philharmonic Inc ($1.6m) and Heard Natural Science Museum and Wildlife Sanctuary Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $230k (13% of expenses). Other salaries and wages came to $698k. At year end it held assets of $5.1m against liabilities of $209k, net assets of $4.9m. It reported 20 employees.