Durham-Chapel Hill Jewish Federation

Analysis

Durham-Chapel Hill Jewish Federation is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in October 2002, 24 years ago. 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 September 2023, Durham-Chapel Hill Jewish Federation reported income of $8.0m and spending of $5.3m, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.6m to $8.0m (+74%), an average of +15% a year. The sharpest change came in the year to September 2022, when income rose by 43%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Durham-Chapel Hill Jewish Federation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Young Womens Christian Association New Britain ($8.0m), Adept Educational Institute Inc ($8.0m) and The Ohio Organzing Collaborative ($8.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $186k (3.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $22.0m against liabilities of $3.4m, net assets of $18.6m. It reported 228 employees.