Jewish Family Services of WNC Inc

Analysis

Jewish Family Services of WNC Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in March 2012, 14 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 Services of WNC Inc reported income of $735k and spending of $789k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $283k to $735k (+159%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Family Services of WNC Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Lewis Memorial Inc ($735k), Sam and Peggy Grossman Family Foundation ($735k) and Naas Welfare Foundation Inc ($735k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $100k (13% of expenses). Other salaries and wages came to $373k. At year end it held assets of $351k against liabilities of $333k, net assets of $17k. It reported 18 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.