Jewish Family Service of Akron Ohio

Analysis

Jewish Family Service of Akron Ohio is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in October 1951, 75 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 June 2023, Jewish Family Service of Akron Ohio reported income of $722k and spending of $455k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $373k to $722k (+93%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 111%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Family Service of Akron Ohio sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include YWCA of Greater Charleston ($722k), Sayre Child Center ($722k) and Eastside Ministries of Ft Worth ($722k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $17k (3.7% of expenses). Other salaries and wages came to $182k. At year end it held assets of $1.3m against liabilities of $18k, net assets of $1.3m.