Jewish Federation of St Joseph Valley Inc

Analysis

Jewish Federation of St Joseph Valley Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in April 1953, 73 years ago. 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 2021, Jewish Federation of St Joseph Valley Inc reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $1.4m to $1.0m (-27%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Federation of St Joseph Valley Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include The Supreme Grand Lodge of the Ancient & Mystical Order Rosaecruc ($1.0m), Itawamba Community College Foundation Inc ($1.0m) and Community Financial Resources ($1.0m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 50% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $125k (12% of expenses). Other salaries and wages came to $309k. At year end it held assets of $14.3m against liabilities of $4.6m, net assets of $9.6m. It reported 16 employees.