National Committee for the Furtherance of Jewish Ed

Analysis

National Committee for the Furtherance of Jewish Ed is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1973, 53 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, National Committee for the Furtherance of Jewish Ed reported income of $8.1m and spending of $6.9m, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.3m to $8.1m (+52%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 34%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Committee for the Furtherance of Jewish Ed 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 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Center for Pan Asian Community Services Inc ($8.1m), Foundation for Seminole State College of Florida Inc ($8.1m) and Childrens Arts & Sciences Workshop Inc ($8.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $72k (1.0% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $11.7m against liabilities of $237k, net assets of $11.5m. It reported 56 employees.