Jewish Endowment Foundation

Analysis

Jewish Endowment Foundation is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in October 1967, 59 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 Endowment Foundation reported income of $7.4m and spending of $6.1m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.2m to $7.4m (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2020, when income rose by 148%. Over the whole period it spent 50% 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 Endowment Foundation sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include St Croix Valley Foundation ($7.4m), Los Altos Community Foundation ($7.4m) and Friends of South Central Losangeles Regional Center for Develop ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $156k (2.6% of expenses). Other salaries and wages came to $266k. At year end it held assets of $92.3m against liabilities of $15.7m, net assets of $76.6m. It reported 7 employees.