Memphis Jewish Federation

Analysis

Memphis Jewish Federation is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 1942, 84 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Memphis Jewish Federation reported income of $4.0m and spending of $4.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $4.0m (-4.9%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income dropped by 55%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Memphis Jewish Federation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include The American Foundation for Charitable Support Inc ($4.0m), Coos Bay Rail Line Inc ($4.0m) and Mba Opens Doors Foundation ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $25.2m against liabilities of $2.1m, net assets of $23.1m.