Jewish Family Services of Greater Charlotte Inc

Analysis

Jewish Family Services of Greater Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jewish Family Services of Greater Charlotte Inc reported income of $1.6m and spending of $1.4m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Family Services of Greater Charlotte Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Jenkins Housing Inc ($1.6m), Pantry of Broward Inc ($1.6m) and Casa for Children of the District of Columbia ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $151k (11% of expenses). Other salaries and wages came to $687k. At year end it held assets of $2.5m against liabilities of $12k, net assets of $2.5m. It reported 20 employees.