Youngstown Area Jewish Federation
Analysis
Youngstown Area Jewish Federation is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in May 1943, 83 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 December 2023, Youngstown Area Jewish Federation reported income of $18.0m and spending of $19.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.7m to $18.0m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 137% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Youngstown Area Jewish Federation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Keren Hayeshivot Trust ($18.0m), Wellstar Foundation Inc ($18.0m) and Community Foundation of Greater Huntsville ($17.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $330k (1.7% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $17.3m against liabilities of $3.9m, net assets of $13.4m. It reported 508 employees.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Program services 74%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Keren Hayeshivot Trust | Brooklyn | $18.0m |
| Wellstar Foundation Inc | Marietta | $18.0m |
| Community Foundation of Greater Huntsville | Huntsville | $17.8m |
| Eo Companies | Abingdon | $18.0m |