Jewish Communal Fund

Analysis

Jewish Communal Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1972, 54 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 June 2023, Jewish Communal Fund reported income of $1.04bn and spending of $924.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $822.2m to $1.04bn (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 76% 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 Communal Fund sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Greater Horizons ($890.4m), Bank of America Charitable Gift Fund ($1.19bn) and Impactassets Inc ($866.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $2.0m (0.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.90bn against liabilities of $159.6m, net assets of $2.74bn. It reported 22 employees.