Valley of the Sun Jewish Community Center Inc

Analysis

Valley of the Sun Jewish Community Center Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in April 1992, 34 years ago. 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, Valley of the Sun Jewish Community Center Inc reported income of $14.0m and spending of $13.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.1m to $14.0m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley of the Sun Jewish Community Center Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include St Annes Episcopal School Inc ($14.0m), Baptist Health Properties Inc ($14.0m) and St Marys Villa Nursing Home Inc ($14.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $833k (6.1% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $13.2m against liabilities of $2.3m, net assets of $10.9m. It reported 435 employees.