Jewish Family Services of Broward Foundation Inc

Analysis

Jewish Family Services of Broward Foundation Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in September 2014, 12 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jewish Family Services of Broward Foundation Inc reported income of $5.2m and spending of $486k, leaving 91% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $5.2m (+141%), an average of +25% a year. The sharpest change came in the year to June 2020, when income rose by 152%. Over the whole period it spent 43% 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 Family Services of Broward Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Davie Community Foundation Inc ($5.2m), Federation of Protestant Welfare Agencies Inc ($5.2m) and Growing Up New Mexico Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $20.8m against liabilities of $3.1m, net assets of $17.7m.