The Jewish Home for the Elderly of Fairfield County Inc

Analysis

The Jewish Home for the Elderly of Fairfield County Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in December 1968, 58 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The Jewish Home for the Elderly of Fairfield County Inc reported income of $71.9m and spending of $71.9m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $59.1m to $71.9m (+22%), an average of +5.0% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Jewish Home for the Elderly of Fairfield County Inc 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 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include Circle Health Physicians Inc ($71.9m), Saint Lukes Health System Home Care and Hospice ($71.9m) and Lowell Community Health Center Inc ($71.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.8% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.9m (2.6% of expenses). Other salaries and wages came to $33.1m. At year end it held assets of $138.8m against liabilities of $92.2m, net assets of $46.6m. It reported 1,002 employees.