Foundation for the Jewish Elderly of Eastern Pa

Analysis

Foundation for the Jewish Elderly of Eastern Pa is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in October 1985, 41 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 December 2023, Foundation for the Jewish Elderly of Eastern Pa reported income of $784k and spending of $423k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $894k to $784k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income rose by 285%. Over the whole period it spent 24% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for the Jewish Elderly of Eastern Pa sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include New Jersey School Buildings & Grounds Association Inc ($784k), Pottstown Regional Public Library ($784k) and Indiana-Michigan Mennonite Camp Association Inc ($784k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. Compensation of current officers, directors and key employees was $41k (9.6% of expenses). At year end it held assets of $21.9m against liabilities of $0, net assets of $21.9m.