The Jerusalem Connection

Analysis

The Jerusalem Connection is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, The Jerusalem Connection reported income of $939k and spending of $1.0m, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $554k to $939k (+70%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Jerusalem Connection sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($939k), Pittsburgh Youth Symphony Orchestra Association Inc ($939k) and Nami Maryland Inc ($939k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $74k (7.3% of expenses). Other salaries and wages came to $128k. At year end it held assets of $1.8m against liabilities of $1.7m, net assets of $107k. It reported 5 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.