Sarasota Manatee Jewish Housing Council Inc

Analysis

Sarasota Manatee Jewish Housing Council Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sarasota Manatee Jewish Housing Council Inc reported income of $18.6m and spending of $20.4m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $20.4m to $18.6m (-8.9%), an average of -3.1% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sarasota Manatee Jewish Housing Council Inc sits at the 97th percentile: it is larger than about 96% of them. 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 United Help Ukraine ($18.5m), Project Open Hand ($18.6m) and Food Bank of Northwest Indiana Inc ($18.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $692k (3.4% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $24.1m against liabilities of $37.4m, net assets of -$13.2m. It reported 241 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.