The Jewish Association for Services for the Aged

Analysis

The Jewish Association for Services for the Aged is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1969, 57 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 June 2023, The Jewish Association for Services for the Aged reported income of $61.6m and spending of $60.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $53.2m to $61.6m (+16%), an average of +3.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Jewish Association for Services for the Aged sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Episcopal Community Services of San Francisco ($61.6m), Menno-Haven Inc ($61.8m) and Home of the Innocents ($61.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $759k (1.3% of expenses). Other salaries and wages came to $28.5m. At year end it held assets of $60.3m against liabilities of $41.2m, net assets of $19.1m. It reported 605 employees.