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Center for Initiatives in Jewish Education Inc

RegisteredEIN 77-0698155Brooklyn, NYEducation and training
Income$3.7m2023-06
Spending$4.7msame year
Spent / received99%5-year average
Size in its cause87th pctEducation and training
Exempt since2008Publicly supported organisat
Employees24latest return

Analysis

Center for Initiatives in Jewish Education Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Initiatives in Jewish Education Inc reported income of $3.7m and spending of $4.7m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.6m to $3.7m (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Initiatives in Jewish Education Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Lewis & Clark Montessori Charter School ($3.7m), John Paul the Great Academy ($3.7m) and Drupalcon Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $668k (14% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.2m against liabilities of $2.0m, net assets of $1.2m. It reported 24 employees.

Income and spending

$0$1.7m$3.3m$5.0m$6.7m2019 Income: $5,622,7142019 Spending: $5,368,24820192020 Income: $4,356,3152020 Spending: $5,634,21320202021 Income: $6,698,5152021 Spending: $5,272,16920212022 Income: $5,788,8102022 Spending: $4,905,49720222023 Income: $3,677,8142023 Spending: $4,666,3122023
IncomeSpending

Where the income comes from

  • Contributions & grants 74%
  • Program services 25%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Lewis & Clark Montessori Charter SchoolGresham$3.7m
John Paul the Great AcademyLafayette$3.7m
Drupalcon IncPortland$3.7m
Countryside Montessoir Charter School IncLand O Lakes$3.7m