Jewish Agency-American Section Inc

Analysis

Jewish Agency-American Section Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Jewish Agency-American Section Inc reported income of $7.2m and spending of $6.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $7.2m (+93%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Agency-American Section Inc sits at the 93rd percentile: it is larger than about 92% 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 Somerville Homeless Coalition Incorporated ($7.2m), Young Mens Christian Association Incorporated ($7.2m) and North Dallas Shared Ministries Inc ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $393k (6.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.5m against liabilities of $1.3m, net assets of $152k. It reported 27 employees.