Jewish Federation of Springfield Illinois

Analysis

Jewish Federation of Springfield Illinois is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in November 1975, 51 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 December 2023, Jewish Federation of Springfield Illinois reported income of $930k and spending of $341k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $356k to $930k (+161%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 69% 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 Federation of Springfield Illinois sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Volunteer Center of Fairfax County Inc ($928k), Luria Foundation ($930k) and United Way of Wayne Co Inc ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $134k. At year end it held assets of $2.9m against liabilities of $134k, net assets of $2.8m. It reported 3 employees.