Milwaukee Jewish Federation Inc

Analysis

Milwaukee Jewish Federation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 1947, 79 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 June 2023, Milwaukee Jewish Federation Inc reported income of $26.3m and spending of $28.4m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.1m to $26.3m (+0.9%), an average of +0.2% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Milwaukee Jewish Federation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include The Grady Health Foundation Inc ($26.2m), Jewish Federation of South Palm Beach County Inc ($26.4m) and Community Foundation for Palm Beach & Martin Counties Inc ($26.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $751k (2.6% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $259.7m against liabilities of $98.4m, net assets of $161.4m. It reported 77 employees.