Prizmah Center for Jewish Day Schools Inc

Analysis

Prizmah Center for Jewish Day Schools Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2016, 10 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, Prizmah Center for Jewish Day Schools Inc reported income of $6.1m and spending of $7.3m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.3m to $6.1m (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Prizmah Center for Jewish Day Schools Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Randall University Inc ($6.1m), CPTKD Academy Inc ($6.1m) and Pardes Jewish Day School Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $902k (12% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $4.8m against liabilities of $667k, net assets of $4.1m. It reported 33 employees.