The Jewish Federation of Greater Washington Inc

Analysis

The Jewish Federation of Greater Washington Inc is a registered charity in United States, based in North Bethesda, MD. It received its IRS tax-exemption ruling in September 1941, 85 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 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 June 2023, The Jewish Federation of Greater Washington Inc reported income of $41.0m and spending of $36.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.4m to $41.0m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Jewish Federation of Greater Washington Inc sits at the 99th 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 98th percentile within MD. Charities of a similar size with the same main cause include Global Charitable Fund ($40.9m), Provision Ministry Inc ($41.0m) and Better Health Foundation ($40.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $831k (2.3% of expenses). Other salaries and wages came to $5.3m. It paid $65k in professional fundraising fees. At year end it held assets of $322.6m against liabilities of $70.5m, net assets of $252.0m. It reported 77 employees.