Custom and Craft Jewish Rituals Inc

Analysis

Custom and Craft Jewish Rituals Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Custom and Craft Jewish Rituals Inc reported income of $1.3m and spending of $1.7m, spending 131% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.6m to $1.3m (-19%), an average of -9.9% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Custom and Craft Jewish Rituals Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Cathedral Choral Society of Washington DC Washington Cathedral ($1.3m), Aspen Art Museum Foundation ($1.3m) and Embarcadero Media Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $179k (10% of expenses). Other salaries and wages came to $534k. At year end it held assets of $476k against liabilities of $50k, net assets of $426k. It reported 10 employees.