Jewish Family and Childrens Service of Minneapolis

Analysis

Jewish Family and Childrens Service of Minneapolis is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in December 1944, 82 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Jewish Family and Childrens Service of Minneapolis reported income of $12.3m and spending of $12.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.2m to $12.3m (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Family and Childrens Service of Minneapolis sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Help Foundation Inc ($12.3m), Oakland Family Services ($12.3m) and The Arc of Ventura County Inc ($12.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $876k (6.9% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $33.7m against liabilities of $865k, net assets of $32.8m. It reported 153 employees.