Jerusalem Foundation Inc
Jerusalem Foundation Inc. shows fluctuating revenues and expenses, with no reported officer compensation.
EIN: 132563745 · New York, NY · NTEE: Q123 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.9M |
| Total Expenses | $13.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $38.0M |
| Transparency Score | 85/100 |
Is Jerusalem Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jerusalem Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jerusalem Foundation Inc
Jerusalem Foundation Inc (EIN: 132563745) is a nonprofit organization based in New York, NY, classified under NTEE code Q123. The organization reported total revenue of $25.9M and total assets of $45.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jerusalem Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jerusalem Foundation Inc is a large nonprofit that has been operating for 60 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.2M |
| Total Expenses | $13.7M |
| Surplus / Deficit | $-2,554,921 |
| Total Assets | $38.4M |
| Total Liabilities | $406K |
| Net Assets | $38.0M |
| Operating Margin | -22.9% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 33.6 months |
Financial Health Grade: B
In 2023, Jerusalem Foundation Inc reported a deficit of $2.6M with expenses exceeding revenue, holds 33.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Jerusalem Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.4% | -15.5% | -0.5% |
| 2022 | +27.6% | -11.5% | -6.0% |
| 2021 | +78.2% | +67.7% | -1.0% |
| 2020 | -3.5% | -22.0% | +0.9% |
| 2019 | -14.1% | +7.8% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jerusalem Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jerusalem Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 14 available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with revenues often exceeding $10 million and assets over $30 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jerusalem Foundation Inc's IRS 990 filings:
- Expenses frequently exceed revenue, as seen in 2023 ($13,706,730 expenses vs. $11,151,809 revenue) and other years, potentially indicating reliance on prior surpluses or investment income.
- Significant year-over-year revenue volatility, with a drop from $20,807,126 in 2022 to $11,151,809 in 2023.
Strengths
The following positive indicators were identified for Jerusalem Foundation Inc:
- Consistent reporting of 0% officer compensation across all 14 filings, indicating strong transparency and dedication of funds to mission.
- Substantial asset base, with assets of $38,434,102 in 2023, providing a solid financial foundation.
- Relatively low liabilities, with the highest reported at $2,807,019 in 2021, suggesting good financial management of debt.
Frequently Asked Questions about Jerusalem Foundation Inc
Is Jerusalem Foundation Inc a legitimate charity?
Jerusalem Foundation Inc (EIN: 132563745) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $25.9M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Jerusalem Foundation Inc spend its money?
Jerusalem Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jerusalem Foundation Inc tax-deductible?
Jerusalem Foundation Inc is registered as a tax-exempt nonprofit (EIN: 132563745). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jerusalem Foundation Inc CEO make?
Jerusalem Foundation Inc's highest-compensated officer earns $10 annually. The organization reported $25.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jerusalem Foundation Inc's spending goes to programs?
Jerusalem Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jerusalem Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jerusalem Foundation Inc is above average for NTEE category Q123 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jerusalem Foundation Inc located?
Jerusalem Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 132563745. It is classified under NTEE code Q123.
How many years of IRS 990 filings does Jerusalem Foundation Inc have?
Jerusalem Foundation Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $25.9M in total revenue.
Is Jerusalem Foundation Inc. financially stable?
While the organization experiences significant year-to-year fluctuations in revenue and expenses, often spending more than it earns in a given year (e.g., 2023, 2021, 2020), its substantial asset base, most recently $38,434,102, suggests underlying financial stability.
How does the organization manage executive compensation?
The Jerusalem Foundation Inc. reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers, which is a strong positive for transparency and resource allocation.
What is the trend in the organization's revenue?
Revenue has been highly variable, ranging from a low of $9,146,416 in 2020 to a high of $26,332,381 in 2017. The most recent filing shows a decrease from $20,807,126 in 2022 to $11,151,809 in 2023.
Are the organization's expenses under control?
Expenses have frequently exceeded revenue in recent years (e.g., $13,706,730 expenses vs. $11,151,809 revenue in 2023), suggesting that the organization may be drawing on reserves or investment income to cover operational costs.
Filing History
IRS 990 filing history for Jerusalem Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Jerusalem Foundation Inc's revenue has declined by 2.6%, moving from $11.4M to $11.2M. Total assets decreased by 8.7% over the same period, from $42.1M to $38.4M. Total functional expenses rose by 6%, from $12.9M to $13.7M. In its most recent filing year (2023), Jerusalem Foundation Inc reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $406K in liabilities against $38.4M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $38.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.2M | $13.7M | $38.4M | $406K | — | — |
| 2022 | $20.8M | $16.2M | $38.6M | $631K | — | View 990 |
| 2021 | $16.3M | $18.3M | $41.1M | $2.8M | — | View 990 |
| 2020 | $9.1M | $10.9M | $41.5M | $278K | — | View 990 |
| 2019 | $9.5M | $14.0M | $41.1M | $144K | — | View 990 |
| 2018 | $11.0M | $13.0M | $44.9M | $144K | — | View 990 |
| 2017 | $26.3M | $14.6M | $51.0M | $117K | — | View 990 |
| 2016 | $17.9M | $12.8M | $39.9M | $134K | — | View 990 |
| 2015 | $13.7M | $15.6M | $36.2M | $111K | — | View 990 |
| 2014 | $11.8M | $13.1M | $44.5M | $131K | — | View 990 |
| 2013 | $18.6M | $17.1M | $45.0M | $137K | — | View 990 |
| 2012 | $15.1M | $13.9M | $40.8M | $111K | — | View 990 |
| 2011 | $10.0M | $13.1M | $38.6M | $208K | — | View 990 |
| 2010 | $11.4M | $12.9M | $42.1M | $110K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.2M, expenses of $13.7M, and assets of $38.4M (revenue -46.4% year-over-year).
- 2022: Revenue of $20.8M, expenses of $16.2M, and assets of $38.6M (revenue +27.6% year-over-year).
- 2021: Revenue of $16.3M, expenses of $18.3M, and assets of $41.1M (revenue +78.2% year-over-year).
- 2020: Revenue of $9.1M, expenses of $10.9M, and assets of $41.5M (revenue -3.5% year-over-year).
- 2019: Revenue of $9.5M, expenses of $14.0M, and assets of $41.1M (revenue -14.1% year-over-year).
- 2018: Revenue of $11.0M, expenses of $13.0M, and assets of $44.9M (revenue -58.1% year-over-year).
- 2017: Revenue of $26.3M, expenses of $14.6M, and assets of $51.0M (revenue +46.7% year-over-year).
- 2016: Revenue of $17.9M, expenses of $12.8M, and assets of $39.9M (revenue +30.5% year-over-year).
- 2015: Revenue of $13.7M, expenses of $15.6M, and assets of $36.2M (revenue +16.8% year-over-year).
- 2014: Revenue of $11.8M, expenses of $13.1M, and assets of $44.5M (revenue -36.8% year-over-year).
- 2013: Revenue of $18.6M, expenses of $17.1M, and assets of $45.0M (revenue +23.4% year-over-year).
- 2012: Revenue of $15.1M, expenses of $13.9M, and assets of $40.8M (revenue +51.1% year-over-year).
- 2011: Revenue of $10.0M, expenses of $13.1M, and assets of $38.6M (revenue -12.6% year-over-year).
- 2010: Revenue of $11.4M, expenses of $12.9M, and assets of $42.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jerusalem Foundation Inc:
Data Sources and Methodology
This transparency report for Jerusalem Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.