Jewish Federation of the Quad Cities

Analysis

Jewish Federation of the Quad Cities is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in October 1983, 43 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 September 2023, Jewish Federation of the Quad Cities reported income of $287k and spending of $275k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $292k to $287k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to September 2022, when income rose by 32%. Over the whole period it spent 110% 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 the Quad Cities sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include 90ten Training Academy ($287k), William W Thayer Testamentary Trust ($287k) and Chinese Consolidated Benevolent Association of San Diego ($287k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $72k (26% of expenses). Other salaries and wages came to $28k. At year end it held assets of $2.7m against liabilities of -$8,276, net assets of $2.7m. It reported 2 employees.