Council for Jewish Elderly

Analysis

Council for Jewish Elderly is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1972, 54 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, Council for Jewish Elderly reported income of $57.8m and spending of $50.3m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $63.7m to $57.8m (-9.3%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Council for Jewish Elderly 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 Redwood Empire Food Bank ($57.8m), Nysarc Inc ($57.9m) and Idaho Foodbank Warehouse ($57.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.0m (2.0% of expenses). Other salaries and wages came to $16.7m. At year end it held assets of $67.4m against liabilities of $51.2m, net assets of $16.2m. It reported 460 employees.