Iranian Jewish Senior Center

Analysis

Iranian Jewish Senior Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1988, 38 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, Iranian Jewish Senior Center reported income of $5.8m and spending of $4.4m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $5.8m (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iranian Jewish Senior Center sits at the 93rd percentile: it is larger than about 93% 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 Winston School ($5.8m), Orange County Public Facilities Co ($5.8m) and Hope of the World Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $108k (2.4% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $5.1m against liabilities of $1.3m, net assets of $3.8m. It reported 85 employees.