Sephardic Tradition and Recreation Inc

Analysis

Sephardic Tradition and Recreation Inc is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Sephardic Tradition and Recreation Inc reported income of $852k and spending of $807k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $580k to $852k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sephardic Tradition and Recreation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Generation Joshua Ministries ($851k), Tayseer Foundation ($852k) and Ricardo a Bonfim Ministries Inc ($851k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $257k. At year end it held assets of $510k against liabilities of $0, net assets of $510k. It reported 2 employees.