Jewish Federation of Greater Des Moines

Analysis

Jewish Federation of Greater Des Moines is a registered charity in United States, based in Waukee, IA. It received its IRS tax-exemption ruling in February 1954, 72 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 (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 2024, Jewish Federation of Greater Des Moines reported income of $2.6m and spending of $2.7m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $2.6m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jewish Federation of Greater Des Moines sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Fearless Foundation ($2.6m), United Way of Northwest Arkansas Inc ($2.6m) and Walker College Foundation ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $98k (3.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.8m against liabilities of $207k, net assets of $4.5m. It reported 79 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.