Jewish Review of Books Foundation

Analysis

Jewish Review of Books Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2022, 4 years ago. 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 Review of Books Foundation reported income of $1.3m and spending of $902k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $898k to $1.3m (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Review of Books Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Fullerton Aquatics Sports Team Inc ($1.3m), Armenian Youth Federation Youth Organization of the Armenian Revol ($1.3m) and Blue Star Recyclers ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $254k (28% of expenses). Other salaries and wages came to $153k. At year end it held assets of $613k against liabilities of $64k, net assets of $549k. It reported 4 employees.