Ronald C Wornick Jewish Day School

Analysis

Ronald C Wornick Jewish Day School is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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, Ronald C Wornick Jewish Day School reported income of $10.5m and spending of $10.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $10.5m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ronald C Wornick Jewish Day School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Downtown Action to Save Housing ($10.5m), Fallon Medical Complex Inc ($10.5m) and Community Welfare Council of Newtown Inc ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $353k (3.5% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $8.9m against liabilities of $2.8m, net assets of $6.1m. It reported 71 employees.