Jacob S Zweig Foundation Inc

Analysis

Jacob S Zweig Foundation Inc is a registered charity in United States, based in Deerfield BCH, FL. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jacob S Zweig Foundation Inc reported income of $547k and spending of $549k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $547k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacob S Zweig Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Youth with a Mission-Houston ($547k), River Valley Shelter for Battered Women and Children Inc ($547k) and Rescyou Group ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $161k. It paid $15k in professional fundraising fees. At year end it held assets of $496k against liabilities of $1,255, net assets of $495k. It reported 10 employees.