Minnesota Jewish Community Center Foundation

Analysis

Minnesota Jewish Community Center Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1955, 71 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Minnesota Jewish Community Center Foundation reported income of $2.8m and spending of $2.1m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.0m to $2.8m (-72%), an average of -27% a year. The sharpest change came in the year to December 2021, when income dropped by 44%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minnesota Jewish Community Center Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Smarter Tomorrow Foundation Inc ($2.8m), Faithworks of the Inner City Inc ($2.8m) and Hawaii Meals on Wheels Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% of the total. At year end it held assets of $39.0m against liabilities of $132k, net assets of $38.9m.