Jewish Home Tower Inc

Analysis

Jewish Home Tower Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1977, 49 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jewish Home Tower Inc reported income of $3.9m and spending of $3.1m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.9m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Home Tower Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include River Radio Ministries ($3.9m), San Francisco Free Clinic ($3.9m) and Horry County Council on Aging ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $48k (1.5% of expenses). Other salaries and wages came to $874k. At year end it held assets of $15.3m against liabilities of $7.3m, net assets of $7.9m. It reported 31 employees.