Aspen Jewish Center

Analysis

Aspen Jewish Center is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in February 1983, 43 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aspen Jewish Center reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $797k to $1.0m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aspen Jewish Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Veterans on the Lake Resort ($1.0m), Visiting Nurse Association and Home Health Maintenance Organization ($1.0m) and The Foundry Consortium Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $298k (27% of expenses). At year end it held assets of $1.2m against liabilities of $227k, net assets of $991k. It reported 3 employees.