Jewish Funders Network

Analysis

Jewish Funders Network is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1994, 32 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 Funders Network reported income of $28.2m and spending of $23.9m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.1m to $28.2m (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 93% 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 Funders Network sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Southwest Florida Community Foundation Inc ($28.1m), Houston Parks Board ($28.4m) and United Way of the Midlands ($28.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $1.5m (6.4% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $11.9m against liabilities of $1.3m, net assets of $10.6m. It reported 30 employees.