Jewish Home Of Central New York Inc

Jewish Home Of Central New York Inc. shows stable revenue but occasional operating deficits and historically high liabilities.

EIN: 150539103 · Syracuse, NY · Updated: 2026-03-28

$18.9MRevenue
$16.6MAssets
70/100Mission Score (Good)
Jewish Home Of Central New York Inc Financial Summary
MetricValue
Total Revenue$18.9M
Total Expenses$18.4M
Program Spending85%
CEO/Top Officer Pay$18M
Net Assets$2.5M
Transparency Score70/100

Is Jewish Home Of Central New York Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Jewish Home Of Central New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Jewish Home Of Central New York Inc

Jewish Home Of Central New York Inc (EIN: 150539103) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $18.9M and total assets of $16.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jewish Home Of Central New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

84Years Operating
LargeSize Classification
14Years of Filings
MixedRevenue Trajectory

Jewish Home Of Central New York Inc is a large nonprofit that has been operating for 84 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$17.6M
Total Expenses$18.4M
Surplus / Deficit$-787,103
Total Assets$16.5M
Total Liabilities$14.0M
Net Assets$2.5M
Operating Margin-4.5%
Debt-to-Asset Ratio84.9%
Months of Reserves10.7 months

Financial Health Grade: C

In 2023, Jewish Home Of Central New York Inc reported a deficit of $787K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 84.9% (high leverage).

Financial Trends

Over 14 years of filings (2010–2023), Jewish Home Of Central New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+6.9%+12.0%+2.5%
2022-7.2%-1.6%+1.8%
2021-2.2%-3.2%-3.8%
2020+7.1%+1.7%+1.9%
2019+3.8%+4.9%-0.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1942

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Jewish Home Of Central New York Inc. demonstrates consistent financial activity, with revenues and expenses generally in the range of $16-18 million over the past decade. The organization has maintained a stable asset base, hovering around $16 million, which suggests a degree of financial stability. However, the most recent filing (202312) shows expenses ($18,433,781) exceeding revenue ($17,646,678), resulting in a deficit for that period. This trend of expenses sometimes outpacing revenue is visible in other years as well, such as 201912 and 201412, indicating a need for careful financial management to ensure long-term sustainability. The organization's liabilities have consistently been high, often exceeding its assets in earlier periods (e.g., 2016-2014), though they have shown improvement in recent years, with assets now generally exceeding liabilities. A notable aspect of their financial reporting is the consistent 0% officer compensation reported across all available filings. While this could indicate that executive compensation is not reported under 'officer compensation' or that executives are compensated through other means, it warrants further investigation for a complete understanding of their compensation practices. Without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. Overall, the organization appears to be managing a complex financial environment typical of healthcare or elder care providers. The consistent revenue streams suggest a stable demand for their services, but the occasional deficits and historical high liabilities highlight areas for continuous financial oversight. The lack of reported officer compensation is a significant data point that impacts the assessment of transparency regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Jewish Home Of Central New York Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Jewish Home Of Central New York Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$17.6MTotal Revenue
$18.4MTotal Expenses
$16.5MTotal Assets
$14.0MTotal Liabilities
$2.5MNet Assets
  • The organization reported a deficit of $787K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 84.9%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is unusual for an organization of its size ($18M+ revenue) and suggests executive compensation may be reported under other categories or that the organization operates with a unique compensation structure for its leadership.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Jewish Home Of Central New York Inc's IRS 990 filings:

  • Consistent reporting of 0% officer compensation, which may obscure actual executive pay.
  • Occasional operating deficits where expenses exceed revenue, as seen in 202312 and 201912.

Strengths

The following positive indicators were identified for Jewish Home Of Central New York Inc:

  • Stable asset base, consistently around $16 million.
  • Consistent revenue streams, indicating stable demand for services.
  • Improved asset-to-liability ratio in recent years, suggesting better financial health compared to earlier periods.

Frequently Asked Questions about Jewish Home Of Central New York Inc

Is Jewish Home Of Central New York Inc a legitimate charity?

Jewish Home Of Central New York Inc (EIN: 150539103) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $18.9M. 2 red flags identified. 3 strengths noted. Financial health grade: C.

How does Jewish Home Of Central New York Inc spend its money?

Jewish Home Of Central New York Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Jewish Home Of Central New York Inc tax-deductible?

Jewish Home Of Central New York Inc is registered as a tax-exempt nonprofit (EIN: 150539103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Jewish Home Of Central New York Inc CEO make?

Jewish Home Of Central New York Inc's highest-compensated officer earns $18M annually. The organization reported $18.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Jewish Home Of Central New York Inc's spending goes to programs?

Jewish Home Of Central New York Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Jewish Home Of Central New York Inc located?

Jewish Home Of Central New York Inc is headquartered in Syracuse, New York and files with the IRS under EIN 150539103.

How many years of IRS 990 filings does Jewish Home Of Central New York Inc have?

Jewish Home Of Central New York Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $18.9M in total revenue.

Is Jewish Home Of Central New York Inc. financially stable?

While the organization has a stable asset base of around $16 million and consistent revenue streams, it has experienced periods where expenses exceeded revenue, such as in 202312 ($18,433,781 expenses vs. $17,646,678 revenue), indicating a need for careful financial management to maintain long-term stability.

How does Jewish Home Of Central New York Inc. compensate its executives?

All available IRS 990 filings for Jewish Home Of Central New York Inc. report 0% officer compensation. This is an unusual finding for an organization of its size and suggests that executive compensation might be categorized differently or that the organization has a unique compensation model for its leadership.

What is the trend in the organization's liabilities?

Historically, the organization's liabilities were quite high, sometimes exceeding assets (e.g., $17,695,063 liabilities vs. $16,576,077 assets in 201412). However, recent filings show an improvement, with assets generally exceeding liabilities, such as in 202312 ($16,492,613 assets vs. $13,994,451 liabilities).

Filing History

IRS 990 filing history for Jewish Home Of Central New York Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Jewish Home Of Central New York Inc's revenue has grown by 19.9%, moving from $14.7M to $17.6M. Total assets decreased by 8.2% over the same period, from $18.0M to $16.5M. Total functional expenses rose by 24.5%, from $14.8M to $18.4M. In its most recent filing year (2023), Jewish Home Of Central New York Inc reported a deficit of $787K, with expenses exceeding revenue. The organization holds $14.0M in liabilities against $16.5M in assets (debt-to-asset ratio: 84.9%), resulting in net assets of $2.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $17.6M $18.4M $16.5M $14.0M
2022 $16.5M $16.5M $16.1M $12.6M View 990
2021 $17.8M $16.7M $15.8M $12.2M View 990
2020 $18.2M $17.3M $16.4M $14.0M View 990
2019 $17.0M $17.0M $16.1M $14.8M View 990
2018 $16.3M $16.2M $16.2M $15.0M View 990
2017 $17.2M $15.8M $16.7M $15.6M View 990
2016 $16.2M $15.7M $16.2M $16.4M View 990
2015 $16.2M $15.7M $16.6M $17.3M View 990
2014 $15.9M $16.2M $16.6M $17.7M View 990
2013 $17.4M $15.8M $17.0M $17.2M View 990
2012 $15.3M $15.1M $17.0M $18.7M View 990
2011 $14.5M $15.3M $16.2M $18.3M View 990
2010 $14.7M $14.8M $18.0M $18.0M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $17.6M, expenses of $18.4M, and assets of $16.5M (revenue +6.9% year-over-year).
  • 2022: Revenue of $16.5M, expenses of $16.5M, and assets of $16.1M (revenue -7.2% year-over-year).
  • 2021: Revenue of $17.8M, expenses of $16.7M, and assets of $15.8M (revenue -2.2% year-over-year).
  • 2020: Revenue of $18.2M, expenses of $17.3M, and assets of $16.4M (revenue +7.1% year-over-year).
  • 2019: Revenue of $17.0M, expenses of $17.0M, and assets of $16.1M (revenue +3.8% year-over-year).
  • 2018: Revenue of $16.3M, expenses of $16.2M, and assets of $16.2M (revenue -5.0% year-over-year).
  • 2017: Revenue of $17.2M, expenses of $15.8M, and assets of $16.7M (revenue +5.9% year-over-year).
  • 2016: Revenue of $16.2M, expenses of $15.7M, and assets of $16.2M (revenue +0.0% year-over-year).
  • 2015: Revenue of $16.2M, expenses of $15.7M, and assets of $16.6M (revenue +2.2% year-over-year).
  • 2014: Revenue of $15.9M, expenses of $16.2M, and assets of $16.6M (revenue -8.5% year-over-year).
  • 2013: Revenue of $17.4M, expenses of $15.8M, and assets of $17.0M (revenue +13.8% year-over-year).
  • 2012: Revenue of $15.3M, expenses of $15.1M, and assets of $17.0M (revenue +5.1% year-over-year).
  • 2011: Revenue of $14.5M, expenses of $15.3M, and assets of $16.2M (revenue -1.4% year-over-year).
  • 2010: Revenue of $14.7M, expenses of $14.8M, and assets of $18.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Jewish Home Of Central New York Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Jewish Home Of Central New York Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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