The Jewish Federations of North America Inc

Analysis

The Jewish Federations of North America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1936, 90 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, The Jewish Federations of North America Inc reported income of $278.7m and spending of $283.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $273.2m to $278.7m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 38%. 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, The Jewish Federations of North America Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Assets Under Movement ($273.8m), The New York Community Trust ($282.5m) and California Community Foundation ($270.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $2.6m (0.9% of expenses). Other salaries and wages came to $16.3m. At year end it held assets of $343.7m against liabilities of $147.5m, net assets of $196.2m. It reported 189 employees.