Combined Jewish Philanthropies of Greater Boston Inc

Analysis

Combined Jewish Philanthropies of Greater Boston Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 1965, 61 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Combined Jewish Philanthropies of Greater Boston Inc reported income of $231.1m and spending of $208.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $312.3m to $231.1m (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Combined Jewish Philanthropies of Greater Boston Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Endless Success Foundation Inc ($229.4m), Marin Community Foundation ($232.7m) and The Clear Fund ($219.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $2.8m (1.3% of expenses). Other salaries and wages came to $13.8m. It paid $15k in professional fundraising fees. At year end it held assets of $2.19bn against liabilities of $69.4m, net assets of $2.12bn. It reported 188 employees.