Jewish Foundation of Greater New Haven Inc

Analysis

Jewish Foundation of Greater New Haven Inc is a registered charity in United States, based in Woodbridge, CT. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Jewish Foundation of Greater New Haven Inc reported income of $2.4m and spending of $4.6m, spending 193% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.1m to $2.4m (-67%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jewish Foundation of Greater New Haven Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include Pivot Point Inc ($2.4m), Congregation Bnai Brith Hillel ($2.4m) and Christ in the City ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $160k (3.5% of expenses). Other salaries and wages came to $335k. At year end it held assets of $73.8m against liabilities of $15.3m, net assets of $58.5m. It reported 6 employees.