Jewish Heritage Fund for Excellence Inc

Analysis

Jewish Heritage Fund for Excellence Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jewish Heritage Fund for Excellence Inc reported income of $12.2m and spending of $11.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.3m to $12.2m (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jewish Heritage Fund for Excellence 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 96th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include PMHCC CTT Inc ($12.2m), Agape Community Health Center Inc ($12.2m) and Crown Point Christian Village Inc ($12.2m).

Compensation of current officers, directors and key employees was $313k (2.7% of expenses). Other salaries and wages came to $419k. At year end it held assets of $288.4m against liabilities of $3.2m, net assets of $285.2m. It reported 6 employees.