The Jewish Home for Aged Foundation Inc

Analysis

The Jewish Home for Aged Foundation Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Jewish Home for Aged Foundation Inc reported income of $572k and spending of $542k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $708k to $572k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2021, when income rose by 441%. Over the whole period it spent 31% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Jewish Home for Aged Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Colorado Elks Association Charities ($572k), A Hand Up International Inc Global Outreach Ministries ($572k) and Willow Tree Missions ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% of the total. At year end it held assets of $17.0m against liabilities of $513k, net assets of $16.5m.