Jewish Family Services Inc

Analysis

Jewish Family Services Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 1959, 67 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 June 2023, Jewish Family Services Inc reported income of $5.5m and spending of $5.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.5m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Family Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Waste Not Inc ($5.5m), Hope for Justice Inc ($5.5m) and Institute for the Puerto Rican Hispanic Elderly Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $370k (7.3% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $8.6m against liabilities of $341k, net assets of $8.3m. It reported 200 employees.