Sephardic Community Dayanut Program Inc

Analysis

Sephardic Community Dayanut Program Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Sephardic Community Dayanut Program Inc reported income of $447k and spending of $502k, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $248k to $447k (+81%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sephardic Community Dayanut Program Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Laxmi Narayan Dev Spiritual Organization ($447k), Ruth House Ministries Inc ($447k) and SRC International ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (12% of expenses). Other salaries and wages came to $366k. At year end it held assets of $149k against liabilities of $300k, net assets of -$151k. It reported 9 employees.