New Jersey Federation of Yng Mens Hebrew Assn & Yng Womens HBRW Assn

Analysis

New Jersey Federation of Yng Mens Hebrew Assn & Yng Womens HBRW Assn is a registered charity in United States, based in Fairfield, NJ. It received its IRS tax-exemption ruling in June 1936, 90 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, New Jersey Federation of Yng Mens Hebrew Assn & Yng Womens HBRW Assn reported income of $18.3m and spending of $16.9m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $18.9m to $18.3m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to September 2021, when income rose by 426%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Jersey Federation of Yng Mens Hebrew Assn & Yng Womens HBRW Assn sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Young Mens Christian Association of Greensboro Inc ($18.2m), Sycamore Rehabilitation Services Hendricks County Arc Inc ($18.3m) and Society of Saint Vincent de Paul Council of Los Angeles ($18.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 14% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $519k (3.1% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $21.4m against liabilities of $20.1m, net assets of $1.3m. It reported 682 employees.