The Jewish Community Foundation of Greater Mercer Inc

Analysis

The Jewish Community Foundation of Greater Mercer Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in March 1964, 62 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, The Jewish Community Foundation of Greater Mercer Inc reported income of $1.7m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.7m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Jewish Community Foundation of Greater Mercer Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Muny Conservancy ($1.7m), Thornton-Donovan School ($1.7m) and P C Workshop Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $62k (3.9% of expenses). Other salaries and wages came to $77k. At year end it held assets of $15.0m against liabilities of $4.8m, net assets of $10.2m. It reported 4 employees.