M2 the Institute for Experiential Jewish Education

Analysis

M2 the Institute for Experiential Jewish Education is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2017, 9 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, M2 the Institute for Experiential Jewish Education reported income of $3.3m and spending of $4.4m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $683k to $3.3m (+380%), an average of +48% a year. The sharpest change came in the year to June 2021, when income rose by 233%. Over the whole period it spent 158% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, M2 the Institute for Experiential Jewish Education sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Eastern Oregon University Foundation ($3.3m), Pathways for the Future Inc ($3.3m) and Spartan Shops Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $278k (6.3% of expenses). Other salaries and wages came to $650k. At year end it held assets of $2.1m against liabilities of $1.1m, net assets of $965k. It reported 9 employees.