Jewish Federation of Volusia & Flagler Counties

Analysis

Jewish Federation of Volusia & Flagler Counties is a registered charity in United States, based in Ormond Beach, FL. It received its IRS tax-exemption ruling in April 1978, 48 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, Jewish Federation of Volusia & Flagler Counties reported income of $1.9m and spending of $1.2m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.9m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 53% 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 Volusia & Flagler Counties sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Gvngorg ($1.9m), Serve Spokane ($1.9m) and Syngap Research Fund Incorporated ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $104k (8.5% of expenses). Other salaries and wages came to $43k. At year end it held assets of $8.1m against liabilities of $6,608, net assets of $8.1m. It reported 4 employees.