Jewish Federation of Madison Inc

Analysis

Jewish Federation of Madison Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1979, 47 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 February 2024, Jewish Federation of Madison Inc reported income of $3.2m and spending of $2.9m, spending 90% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $2.5m to $3.2m (+28%), an average of +6.3% a year. The sharpest change came in the year to February 2024, when income rose by 35%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jewish Federation of Madison Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Church of the Pioneers Foundation ($3.2m), Reformed Evangelistic Fellowship Inc ($3.2m) and Missionary Aviation Repair Center ($3.2m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 46% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $239k (8.2% of expenses). Other salaries and wages came to $959k. At year end it held assets of $7.9m against liabilities of $262k, net assets of $7.7m. It reported 193 employees.