Jewish Family Service of Metrowest NJ a New Jersey Nonprofit Corp

Analysis

Jewish Family Service of Metrowest NJ a New Jersey Nonprofit Corp is a registered charity in United States, based in Florham Park, NJ. It received its IRS tax-exemption ruling in June 1964, 62 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 June 2023, Jewish Family Service of Metrowest NJ a New Jersey Nonprofit Corp reported income of $7.9m and spending of $8.3m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $7.9m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 95% 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 Family Service of Metrowest NJ a New Jersey Nonprofit Corp sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Tuscola County Community Foundation ($7.9m), Community Foundation for the Land of Lincoln Inc ($7.9m) and Dubois County Community Foundation Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $593k (7.2% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $9.6m against liabilities of $2.9m, net assets of $6.8m. It reported 65 employees.