Jewish Federation of Cincinnati

Analysis

Jewish Federation of Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jewish Federation of Cincinnati reported income of $31.2m and spending of $26.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.6m to $31.2m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. Over the whole period it spent 83% 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 Federation of Cincinnati 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 98th percentile within OH. Charities of a similar size with the same main cause include The Community Foundation of Utah ($31.1m), Mile High United Way Inc ($31.2m) and Community Foundation of North Central Washington ($31.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $922k (3.5% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $165.9m against liabilities of $26.4m, net assets of $139.4m. It reported 76 employees.