Incubator for Emerging Jewish Initiatives Inc

Analysis

Incubator for Emerging Jewish Initiatives Inc is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in July 2019, 7 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, Incubator for Emerging Jewish Initiatives Inc reported income of $572k and spending of $748k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $572k (+152%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Incubator for Emerging Jewish Initiatives Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Danville Public School Foundation Inc ($572k), United Way of Skagit County ($572k) and Serve Braj Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $105k against liabilities of $11k, net assets of $94k.