Jewish Federation of Atlantic and Cape May Counties

Analysis

Jewish Federation of Atlantic and Cape May Counties is a registered charity in United States, based in Margate City, NJ. It received its IRS tax-exemption ruling in December 1941, 85 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 December 2023, Jewish Federation of Atlantic and Cape May Counties reported income of $1.5m and spending of $1.0m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 74% 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 Atlantic and Cape May Counties 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 83rd percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include United Way of South Mississippi Inc ($1.5m), United Way of Southeastern Idaho Inc ($1.5m) and Western Stock Show Association Scholarship Trust ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. Compensation of current officers, directors and key employees was $81k (7.9% of expenses). Other salaries and wages came to $118k. At year end it held assets of $6.2m against liabilities of $119k, net assets of $6.1m. It reported 6 employees.