Daughters of Sarah Jewish Foundation Inc

Analysis

Daughters of Sarah Jewish Foundation Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in January 1949, 77 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Daughters of Sarah Jewish Foundation Inc reported income of $619k and spending of $716k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $619k (-72%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daughters of Sarah Jewish Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Cove Valley Christian Youth Camp ($619k), Harriet Lane Home for Invalid Children of Baltimore City ($619k) and International Friendship Gardens Music Festival Inc ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $172k (24% of expenses). Other salaries and wages came to $61k. At year end it held assets of $14.5m against liabilities of $3.0m, net assets of $11.5m.