Charleston Jewish Federation

Analysis

Charleston Jewish Federation is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in January 1952, 74 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 December 2023, Charleston Jewish Federation reported income of $2.0m and spending of $1.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.0m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charleston Jewish Federation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Greater Cincinnati Behavioral Health Services Foundation ($2.0m), Wolasky Family Foundation Inc ($2.0m) and McGuire Memorial Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $164k (8.9% of expenses). Other salaries and wages came to $352k. At year end it held assets of $1.2m against liabilities of $216k, net assets of $1.0m. It reported 9 employees.