Jewish Federation of Waco

Analysis

Jewish Federation of Waco is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in April 1952, 74 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 Waco reported income of $147k and spending of $78k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $174k to $147k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 86% 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 Waco sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Lake of the Woods Lions Club Foundation Inc ($147k), Love India Mission Endeavor Inc ($148k) and John M Kamya Foundation ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.