I J & Jeanne Wagner Jewish Community Center

Analysis

I J & Jeanne Wagner Jewish Community Center is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in March 1957, 69 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, I J & Jeanne Wagner Jewish Community Center reported income of $9.0m and spending of $7.6m, spending 85% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $6.2m to $9.0m (+46%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 26%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, I J & Jeanne Wagner Jewish Community Center sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within UT. Charities of a similar size with the same main cause include Lou Fusz Soccer Club ($9.0m), Hale Education Inc ($9.0m) and City Squash Inc ($8.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $426k (5.6% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $19.8m against liabilities of $1.1m, net assets of $18.7m. It reported 256 employees.