Jewish Federation of Grand Rapids

Analysis

Jewish Federation of Grand Rapids is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 1969, 57 years ago. 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 June 2023, Jewish Federation of Grand Rapids reported income of $1.1m and spending of $754k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $618k to $1.1m (+77%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 170%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Federation of Grand Rapids sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Fame Leaders Inc ($1.1m), Illuminus Foundation Inc ($1.1m) and Center for Communication and Development ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 10.0% of the total. Compensation of current officers, directors and key employees was $72k (9.5% of expenses). At year end it held assets of $11.6m against liabilities of $6.7m, net assets of $4.9m. It reported 37 employees.