Jewish Federation of Greater Toledo

Analysis

Jewish Federation of Greater Toledo is a registered charity in United States, based in Sylvania, OH. It received its IRS tax-exemption ruling in May 1961, 65 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, Jewish Federation of Greater Toledo reported income of $7.6m and spending of $8.6m, spending 113% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $6.2m to $7.6m (+23%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 78% 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 Greater Toledo sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include United Way of the Greater Triangle Inc ($7.6m), Sterling Donor Advised Fund ($7.6m) and Action Council of Monterey County Inc ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $277k (3.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $45.4m against liabilities of $5.8m, net assets of $39.6m. It reported 45 employees.