Jerusalem Foundation

Analysis

Jerusalem Foundation is a registered charity in United States, based in Israel. It received its IRS tax-exemption ruling in December 1997, 29 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).

In the financial year ending December 2023, Jerusalem Foundation reported income of $52.1m and spending of $43.0m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.2m to $52.1m (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jerusalem Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include United Way Worldwide ($51.6m), Second Harvest of the Greater Valley ($52.4m) and Young Mens Christian Association of Greater Cincinnati ($51.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $875k (2.0% of expenses). Other salaries and wages came to $1.4m. It paid $185k in professional fundraising fees. At year end it held assets of $111.8m against liabilities of $5.8m, net assets of $105.9m.