Soille San Diego Hebrew Day School

Analysis

Soille San Diego Hebrew Day School is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1965, 61 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 June 2023, Soille San Diego Hebrew Day School reported income of $5.6m and spending of $4.5m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $5.6m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soille San Diego Hebrew Day School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Jewish Community Relations Council of San Francisco Marin & Peninsula ($5.6m), French Immersion School of Washington ($5.6m) and South Central Developmental Services Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $212k (4.7% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $4.8m against liabilities of $3.5m, net assets of $1.3m.