Jewish Community FDN of the Jewish Federation Council of Greater LA

Analysis

Jewish Community FDN of the Jewish Federation Council of Greater LA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2017, 9 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 2022, Jewish Community FDN of the Jewish Federation Council of Greater LA reported income of $47.2m and spending of $125.2m, spending 266% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $149.7m to $47.2m (-68%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jewish Community FDN of the Jewish Federation Council of Greater LA sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include United Way of Metropolitan Chicago Inc ($47.0m), United Way Inc ($47.4m) and J a & Leta M Chapman Charitable TR ($46.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 156% of the total. Compensation of current officers, directors and key employees was $2.3m (1.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.02bn against liabilities of $225.5m, net assets of $793.5m. It reported 31 employees.