Sholem Educational Institute

Analysis

Sholem Educational Institute is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in May 1972, 54 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 August 2023, Sholem Educational Institute reported income of $91k and spending of $88k, spending 97% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $93k to $91k (-1.8%), an average of -1.8% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sholem Educational Institute sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include JB Whitfield Ministries Inc ($91k), Early American Steam Engine & Old Equipment Society ($91k) and Bakesfield Rotary-Waterman Foundation ($91k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $10k, net assets of $108k.