Jewish Federation of Greater Indianapolis Inc

Analysis

Jewish Federation of Greater Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1955, 71 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 Indianapolis Inc reported income of $7.6m and spending of $8.7m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.3m to $7.6m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 121% 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 Indianapolis Inc 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 IN. Charities of a similar size with the same main cause include World Poultry Foundation Inc ($7.6m), National Charitable Endowment Inc ($7.7m) and Hope Gospel Mission Inc ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $368k (4.2% of expenses). Other salaries and wages came to $1.4m. It paid $103k in professional fundraising fees. At year end it held assets of $101.4m against liabilities of $13.1m, net assets of $88.2m. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.