United Israel Appeal of Canada Inc

Analysis

United Israel Appeal of Canada Inc is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in May 2001, 25 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 December 2023, United Israel Appeal of Canada Inc reported income of $107.6m and spending of $41.4m, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $65.3m to $107.6m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Israel Appeal of Canada Inc sits at the 99th percentile: it is one of the largest 1% in its cause. 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 United Way of Greater Atlanta Inc ($106.4m), United Way of King County ($108.0m) and Jack Joseph and Morton Mandel Supporting Foundation ($105.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $318k (0.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $99.8m against liabilities of $84.6m, net assets of $15.2m. It reported 10 employees.