Jewish Family Service of Colorado Inc

Analysis

Jewish Family Service of Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 1956, 70 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Family Service of Colorado Inc reported income of $20.3m and spending of $19.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.6m to $20.3m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Family Service of Colorado Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Young Mens Christian Association of Akron Ohio ($20.2m), Channel One Inc ($20.3m) and Campus Child Care Inc ($20.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $835k (4.2% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $18.7m against liabilities of $2.2m, net assets of $16.5m. It reported 228 employees.