Jewish Federation of South Palm Beach County Inc

Analysis

Jewish Federation of South Palm Beach County Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in September 1981, 45 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 August 2023, Jewish Federation of South Palm Beach County Inc reported income of $26.4m and spending of $24.9m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $25.9m to $26.4m (+1.7%), an average of +0.4% a year. The sharpest change came in the year to August 2020, when income rose by 84%. Over the whole period it spent 69% 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 South Palm Beach County Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Milwaukee Jewish Federation Inc ($26.3m), Deloitte Foundation ($26.4m) and The Grady Health Foundation Inc ($26.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% and program service revenue 5.4% of the total. At year end it held assets of $211.9m against liabilities of $34.3m, net assets of $177.6m. It reported 92 employees.