Jewish Federation of Greater Hartford

Analysis

Jewish Federation of Greater Hartford is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in September 1949, 77 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, Jewish Federation of Greater Hartford reported income of $6.8m and spending of $6.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $6.8m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 95% 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 of Greater Hartford sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include The Kings Trust USA Inc ($6.8m), Fairfield County Foundation ($6.8m) and Shuvu Return Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $441k (6.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $10.6m against liabilities of $3.2m, net assets of $7.4m. It reported 34 employees.