European Jewish Association Inc
Analysis
European Jewish Association Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, European Jewish Association Inc reported income of $15.5m and spending of $13.0m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $15.5m (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 83% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, European Jewish Association Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Jewish Foundation of Memphis ($15.5m), Alpha USA ($15.7m) and San Francisco Falun Buddha Study Association ($15.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. At year end it held assets of $14.4m against liabilities of $3.3m, net assets of $11.2m.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.5%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jewish Foundation of Memphis | Memphis | $15.5m |
| Alpha USA | Carol Stream | $15.7m |
| San Francisco Falun Buddha Study Association | San Jose | $15.5m |
| Catholic Cemeteries of the Roman | Westbury | $15.8m |