Jewish Senior Life Foundation Inc

Analysis

Jewish Senior Life Foundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 1979, 47 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 Senior Life Foundation Inc reported income of $3.9m and spending of $2.5m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.9m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 59% 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 Senior Life Foundation Inc 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 88th percentile within NY. Charities of a similar size with the same main cause include Belize Fund for a Sustainable Future Inc ($3.9m), River Parks Foundation ($3.9m) and Key Biscayne Community Foundation Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $185k (7.3% of expenses). Other salaries and wages came to $176k. At year end it held assets of $59.8m against liabilities of $7.4m, net assets of $52.4m.