Jewish Fund Inc

Analysis

Jewish Fund Inc is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in January 1997, 29 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 May 2024, Jewish Fund Inc reported income of $2.0m and spending of $4.5m, spending 229% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $2.5m to $2.0m (-23%), an average of -6.2% a year. The sharpest change came in the year to May 2022, when income rose by 113%. Over the whole period it spent 100% 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 Fund Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Mackinac Island Community Foundation ($2.0m), Foundatin for the Educational Development of Children ($2.0m) and United Way of Johnson County Inc ($2.0m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $62.6m against liabilities of $977k, net assets of $61.6m.