Federation Cja

Analysis

Federation Cja is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in September 1998, 28 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).

In the financial year ending March 2023, Federation Cja reported income of $46.4m and spending of $47.2m, spending 102% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $43.7m to $46.4m (+6.2%), an average of +1.5% a year. The sharpest change came in the year to March 2021, when income rose by 114%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Federation Cja 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. Charities of a similar size with the same main cause include Tides Network ($46.3m), United Way of San Antonio & Bexar County ($46.5m) and Illuminations Foundation Inc ($46.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $1.1m (2.4% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $97.2m against liabilities of $25.1m, net assets of $72.1m.