Jewish Union Foundation of New Jersey Inc

Analysis

Jewish Union Foundation of New Jersey Inc is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Jewish Union Foundation of New Jersey Inc reported income of $530k and spending of $499k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $230k to $530k (+130%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jewish Union Foundation of New Jersey Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Jar of Hope ($530k), Family Support Center ($530k) and Audio & Braille Literacy Enhancement Inc ($530k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $468k against liabilities of $467k, net assets of $938.