Jewish Family Service of Atlantic County Inc

Analysis

Jewish Family Service of Atlantic County Inc is a registered charity in United States, based in Margate City, NJ. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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 Atlantic County Inc reported income of $14.2m and spending of $14.1m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $12.1m to $14.2m (+18%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Family Service of Atlantic County Inc 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 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Community Action Agency of New Haven Inc ($14.2m), Opera in the Ozarks Inc ($14.2m) and Lad Lake Inc ($14.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $271k (1.9% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $7.7m against liabilities of $3.9m, net assets of $3.8m. It reported 193 employees.