Miami Jewish Health Systems Foundation Inc

Analysis

Miami Jewish Health Systems Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Miami Jewish Health Systems Foundation Inc reported income of $4.4m and spending of $2.5m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.9m to $4.4m (-37%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Miami Jewish Health Systems Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Marble Falls Area Emergency Medical Service ($4.4m), Florida Lions Eye Bank Inc ($4.4m) and Carolina Abortion Fund ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $43.2m against liabilities of $327k, net assets of $42.9m.