Jewish Federation of Northern New Jersey Inc

Analysis

Jewish Federation of Northern New Jersey Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in February 2007, 19 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 Northern New Jersey Inc reported income of $13.9m and spending of $13.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.7m to $13.9m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 84% 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 Northern New Jersey Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Community Foundation of the Lowcountry Inc ($13.8m), Community Foundation of the Napa Valley ($13.9m) and Siemer Family Foundation ($13.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $1.2m (8.6% of expenses). Other salaries and wages came to $2.8m. It paid $22k in professional fundraising fees. At year end it held assets of $80.4m against liabilities of $32.7m, net assets of $47.6m. It reported 51 employees.