Jewish Home and Aging Services

Analysis

Jewish Home and Aging Services is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in December 1981, 45 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Jewish Home and Aging Services reported income of $6.4m and spending of $6.2m, spending 96% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $6.3m to $6.4m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to May 2021, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Home and Aging Services sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Guardianship Program of Dade County Inc ($6.4m), Lifes Work of Western Pa ($6.4m) and Houston Area Urban League Inc ($6.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $1.5m against liabilities of $427k, net assets of $1.1m.