The Rabbi Dr Leo Jung Memorial Fund

Analysis

The Rabbi Dr Leo Jung Memorial Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1962, 64 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, The Rabbi Dr Leo Jung Memorial Fund reported income of $199k and spending of $144k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $199k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Rabbi Dr Leo Jung Memorial Fund sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Fort Worth Lecture Foundation Inc ($199k), Northern Virginia Hockey Club ($199k) and Heritage Hill Association Inc ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $383k against liabilities of $0, net assets of $383k.