Tucson Hebrew Academy

Analysis

Tucson Hebrew Academy is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tucson Hebrew Academy reported income of $2.5m and spending of $3.1m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.5m (-0.4%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tucson Hebrew Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Por Vida Inc ($2.5m), Arizona Center for Autism ($2.5m) and Resource Area for Teaching ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $270k (8.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.4m against liabilities of $605k, net assets of $2.7m. It reported 64 employees.