Jewish Federation of Greater New Orleans

Analysis

Jewish Federation of Greater New Orleans is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in October 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Jewish Federation of Greater New Orleans reported income of $4.1m and spending of $4.9m, spending 121% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $3.7m to $4.1m (+11%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 103% 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 Greater New Orleans 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 LA. Charities of a similar size with the same main cause include Seachange Capital Partners Inc ($4.1m), Arctic Slope Community Foundation ($4.1m) and The Community Foundation of Dickinson County Inc ($4.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $493k (10% of expenses). Other salaries and wages came to $659k. At year end it held assets of $10.3m against liabilities of $355k, net assets of $10.0m. It reported 37 employees.