Jewish Federation of Central New York Inc

Analysis

Jewish Federation of Central New York Inc is a registered charity in United States, based in Dewitt, NY. It received its IRS tax-exemption ruling in June 1955, 71 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Jewish Federation of Central New York Inc reported income of $1.5m and spending of $1.6m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.5m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jewish Federation of Central New York Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Ashland Legacy TR ($1.5m), Brian Muha Memorial Foundation Inc ($1.5m) and The Community Foundation for Crawford County ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $122k (7.6% of expenses). Other salaries and wages came to $125k. At year end it held assets of $3.8m against liabilities of $1.2m, net assets of $2.6m. It reported 5 employees.