Jewish Federation of Jacksonville Inc

Analysis

Jewish Federation of Jacksonville Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 1945, 81 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, Jewish Federation of Jacksonville Inc reported income of $6.0m and spending of $4.6m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $6.0m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jewish Federation of Jacksonville Inc 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 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Amy L Scott Family Foundation ($6.0m), Community Foundation of Northwest Missouri ($6.0m) and Jewish Federation of Greater Dayton Inc ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $335k (7.3% of expenses). Other salaries and wages came to $454k. At year end it held assets of $42.3m against liabilities of $23.2m, net assets of $19.1m. It reported 11 employees.