Jewish News Service Inc

Analysis

Jewish News Service Inc is a registered charity in United States, based in Newton Center, MA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Jewish News Service Inc reported income of $3.8m and spending of $3.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $700k to $3.8m (+437%), an average of +52% a year. The sharpest change came in the year to December 2020, when income rose by 259%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jewish News Service Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Nabu Global Inc ($3.8m), University of DC Foundation ($3.8m) and Escuela Del Sol Montessori Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $2.8m (77% of expenses). At year end it held assets of $9.1m against liabilities of $144k, net assets of $8.9m. It reported 10 employees.