Jeffrey Modell Foundation Inc

Analysis

Jeffrey Modell Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1987, 39 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 December 2023, Jeffrey Modell Foundation Inc reported income of $9.6m and spending of $7.4m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.3m to $9.6m (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jeffrey Modell Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include American Accounting Association ($9.6m), Bioversity International USA Inc ($9.6m) and WJCT Inc ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $1.2m (17% of expenses). Other salaries and wages came to $731k. At year end it held assets of $42.9m against liabilities of $5.9m, net assets of $37.0m. It reported 12 employees.