Jewish Federation of Middlesex and Monmouth Counties

Analysis

Jewish Federation of Middlesex and Monmouth Counties is a registered charity in United States, based in South River, NJ. It received its IRS tax-exemption ruling in May 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 (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 Middlesex and Monmouth Counties reported income of $4.0m and spending of $3.7m, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.9m to $4.0m (+2.4%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 85% 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 Middlesex and Monmouth Counties sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Poah Support Corporation ($4.0m), Hope Crisis Response Network Inc- HCRN ($4.0m) and Decatur County Community Foundation Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $227k (6.2% of expenses). Other salaries and wages came to $748k. At year end it held assets of $29.9m against liabilities of $4.7m, net assets of $25.2m. It reported 15 employees.