Jewish Foundation for Group Homes

Analysis

Jewish Foundation for Group Homes is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Jewish Foundation for Group Homes reported income of $27.6m and spending of $26.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.5m to $27.6m (+78%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Foundation for Group Homes sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Enrichment Services Program Incorporated ($27.6m), Riverside Senior Living Center ($27.6m) and Rhode Island Community Food Bank Association ($27.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $849k (3.2% of expenses). Other salaries and wages came to $16.9m. At year end it held assets of $45.3m against liabilities of $13.5m, net assets of $31.7m. It reported 481 employees.