Jewish Federation Foundation

Analysis

Jewish Federation Foundation is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in January 1946, 80 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jewish Federation Foundation reported income of $3.7m and spending of $4.1m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.5m to $3.7m (-57%), an average of -19% a year. The sharpest change came in the year to June 2022, when income rose by 185%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jewish Federation Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within RI. Charities of a similar size with the same main cause include San Jacinto Community College Foundation Pasadena Texas ($3.7m), Gotham Gives Inc ($3.7m) and Future Plans Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $80.8m against liabilities of $357k, net assets of $80.5m.