Jewish Community Center of Greater Albuquerque Inc

Analysis

Jewish Community Center of Greater Albuquerque Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 1999, 27 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 August 2023, Jewish Community Center of Greater Albuquerque Inc reported income of $4.8m and spending of $5.4m, spending 113% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.5m to $4.8m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to August 2022, when income rose by 131%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Community Center of Greater Albuquerque Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NM. Charities of a similar size with the same main cause include Ferncliff Manor Inc ($4.8m), Italian American Civil Rights League Canarsie Inc ($4.8m) and First Step-Western Wayne County Project on Domestic Assault ($4.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $499k (9.3% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $11.5m against liabilities of $778k, net assets of $10.7m. It reported 296 employees.