Jewish Family Service of Stamford Inc

Analysis

Jewish Family Service of Stamford Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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 August 2023, Jewish Family Service of Stamford Inc reported income of $2.6m and spending of $2.6m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $3.0m to $2.6m (-15%), an average of -3.9% a year. The sharpest change came in the year to August 2021, when income dropped by 40%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Family Service of Stamford Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include Central Oneida County Volunteer Ambulance Corps ($2.6m), Young Mens Christian Association of Warren Pa ($2.6m) and Ronald McDonald House at the Maria Fareri Childrens Hospital Inc ($2.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $222k (8.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $8.4m against liabilities of $1.5m, net assets of $6.9m. It reported 26 employees.