Jewish Agency for Israel

Analysis

Jewish Agency for Israel is a registered charity in United States, based in Israel. It received its IRS tax-exemption ruling in September 1948, 78 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Jewish Agency for Israel reported income of $455.3m and spending of $340.5m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $367.1m to $455.3m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Agency for Israel 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. Charities of a similar size with the same main cause include Tri-Counties Association for the Developmentally Disabled Inc ($452.7m), St Clair Health Corporation ($456.4m) and Summit Foundation ($447.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $3.7m (1.1% of expenses). Other salaries and wages came to $97.2m. At year end it held assets of $1.24bn against liabilities of $126.9m, net assets of $1.12bn. It reported 1,421 employees.