Council for Jewish Elderly Endowment Foundation

Analysis

Council for Jewish Elderly Endowment Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1999, 27 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 supporting organisation 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 Endowment Foundation reported income of $1.1m and spending of $1.3m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.1m (-48%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 45%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Council for Jewish Elderly Endowment Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Brothers of Mercy Facilities Foundation ($1.1m), Northpoint Foundation Inc ($1.1m) and Arrl Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $23.5m against liabilities of $0, net assets of $23.5m.