Jewish United Fund of Metropolitan Chicago

Analysis

Jewish United Fund of Metropolitan Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1950, 76 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 June 2023, Jewish United Fund of Metropolitan Chicago reported income of $117.1m and spending of $124.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $98.0m to $117.1m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 322%. Over the whole period it spent 98% 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 United Fund of Metropolitan Chicago sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Msi US ($116.7m), The Community Foundation Inc ($119.3m) and Minneapolis Foundation ($115.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $2.9m (2.3% of expenses). Other salaries and wages came to $10.8m. It paid $30k in professional fundraising fees. At year end it held assets of $238.1m against liabilities of $83.2m, net assets of $154.9m. It reported 586 employees.