Jewish Federation of Greater Metrowest NJ

Analysis

Jewish Federation of Greater Metrowest NJ is a registered charity in United States, based in Whippany, NJ. It received its IRS tax-exemption ruling in June 1955, 71 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jewish Federation of Greater Metrowest NJ reported income of $28.9m and spending of $31.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $31.6m to $28.9m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2022, when income dropped by 40%. Over the whole period it spent 83% 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 Greater Metrowest NJ sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Lawyers Trust Fund of Illinois ($28.7m), Foundation for Appalachian Ohio ($29.0m) and Campus Facilities Improvement Association ($28.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $1.1m (3.4% of expenses). Other salaries and wages came to $7.3m. It paid $16k in professional fundraising fees. At year end it held assets of $147.5m against liabilities of $32.0m, net assets of $115.5m. It reported 148 employees.