Jewish Federation of Metropolitan Detroit

Analysis

Jewish Federation of Metropolitan Detroit is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in August 1969, 57 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Jewish Federation of Metropolitan Detroit reported income of $91.7m and spending of $84.1m, spending 92% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $56.5m to $91.7m (+62%), an average of +13% a year. The sharpest change came in the year to May 2024, when income rose by 42%. Over the whole period it spent 91% 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 Metropolitan Detroit 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 MI. Charities of a similar size with the same main cause include Indiana Association of United Ways Incorporated ($91.3m), Colorado Gives Foundation ($92.6m) and Bradley Impact Fund Inc ($90.7m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 93% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $1.2m (1.5% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $52.5m against liabilities of $27.7m, net assets of $24.7m. It reported 124 employees.