Jewish Community Centers of Denver

Analysis

Jewish Community Centers of Denver is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1952, 74 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jewish Community Centers of Denver reported income of $9.4m and spending of $9.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.0m to $9.4m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Community Centers of Denver sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Young Mens Christian Association of Central Virgina ($9.4m), Alivia Care Inc ($9.4m) and Pierce County Alliance ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $578k (6.1% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $14.2m against liabilities of $3.9m, net assets of $10.3m. It reported 311 employees.