Jewish Home Foundation of North Jersey Inc

Analysis

Jewish Home Foundation of North Jersey Inc is a registered charity in United States, based in Rockleigh, NJ. It received its IRS tax-exemption ruling in March 1991, 35 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 Home Foundation of North Jersey Inc reported income of $2.0m and spending of $1.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.0m (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Home Foundation of North Jersey Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Resources for Rural Community Development ($2.0m), Enterprising Tampa Bay ($2.0m) and Gateway Youth Outreach Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $177k (9.3% of expenses). Other salaries and wages came to $223k. At year end it held assets of $10.2m against liabilities of $289k, net assets of $9.9m. It reported 7 employees.