Jewish Union Foundation Inc

Analysis

Jewish Union Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jewish Union Foundation Inc reported income of $3.7m and spending of $3.2m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.7m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Union Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include The Place ($3.7m), New Mexico Farmers Marketing Association ($3.7m) and Child Care Resource Center ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.4% and program service revenue 93% of the total. At year end it held assets of $1.0m against liabilities of $611k, net assets of $412k.