The Jed Foundation
The Jed Foundation shows strong asset growth and significant revenue, with a recent deficit in 2023 following a substantial surplus in 2022.
EIN: 134131139 · New York, NY · NTEE: F40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60.1M |
| Total Expenses | $25.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $60 |
| Net Assets | $33.2M |
| Transparency Score | 88/100 |
Is The Jed Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Jed Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Jed Foundation
The Jed Foundation (EIN: 134131139) is a nonprofit organization based in New York, NY, classified under NTEE code F40. The organization reported total revenue of $60.1M and total assets of $37.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Jed Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Jed Foundation is a major nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.7M |
| Total Expenses | $25.8M |
| Surplus / Deficit | $-5,114,826 |
| Total Assets | $36.8M |
| Total Liabilities | $3.5M |
| Net Assets | $33.2M |
| Operating Margin | -24.7% |
| Debt-to-Asset Ratio | 9.7% |
| Months of Reserves | 17.1 months |
Financial Health Grade: B
In 2023, The Jed Foundation reported a deficit of $5.1M with expenses exceeding revenue, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 9.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Jed Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.6% | +38.2% | -11.9% |
| 2022 | +69.2% | +84.3% | +39.3% |
| 2021 | +69.0% | +19.0% | +40.1% |
| 2020 | -34.8% | +22.9% | +12.5% |
| 2019 | +78.7% | +24.1% | +104.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 The Jed Foundation with a Mission Score of 88 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, The Jed Foundation 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 $5.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.7%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all 13 filings, which is highly unusual for an organization of this size with $60 million in latest revenue and $37 million in assets. This suggests either that executive leadership is entirely volunteer-based, compensated through a related entity, or that compensation is reported under other expense categories not explicitly identified as 'Officer Comp' in the summary data.
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 The Jed Foundation's IRS 990 filings:
- Unexplained 0% officer compensation across all filings for a large organization, potentially obscuring executive pay details.
- Expenses exceeded revenue by over $5 million in the 202312 period, though this follows a large surplus in the prior year.
Strengths
The following positive indicators were identified for The Jed Foundation:
- Strong and consistent asset growth, from $2.9 million in 2014 to $36.7 million in 2023.
- Significant revenue growth over the past decade, peaking at $29.7 million in 2022.
- Substantial surplus of over $11 million in 202212, indicating strong financial performance.
- Low liabilities relative to assets, suggesting good financial health and solvency.
Frequently Asked Questions about The Jed Foundation
Is The Jed Foundation a legitimate charity?
The Jed Foundation (EIN: 134131139) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $60.1M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Jed Foundation spend its money?
The Jed Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Jed Foundation tax-deductible?
The Jed Foundation is registered as a tax-exempt nonprofit (EIN: 134131139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Jed Foundation CEO make?
The Jed Foundation's highest-compensated officer earns $60 annually. The organization reported $60.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Jed Foundation's spending goes to programs?
The Jed Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Jed Foundation compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), The Jed Foundation is above average for NTEE category F40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Jed Foundation located?
The Jed Foundation is headquartered in New York, New York and files with the IRS under EIN 134131139. It is classified under NTEE code F40.
How many years of IRS 990 filings does The Jed Foundation have?
The Jed Foundation has 13 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 $60.1M in total revenue.
Is The Jed Foundation financially stable?
Yes, despite a $5.1 million deficit in 2023, the organization has demonstrated strong financial stability with consistent asset growth from $2.9 million in 2014 to $36.7 million in 2023, and a significant $11 million surplus in 2022.
How has The Jed Foundation's revenue changed over time?
The Jed Foundation has experienced substantial revenue growth, increasing from $2.9 million in 2014 to a peak of $29.7 million in 2022, before decreasing to $20.6 million in 2023. The latest reported revenue is $60.1 million, indicating a strong overall financial capacity.
What is the organization's approach to executive compensation?
The provided data consistently reports 0% officer compensation across all filings, which is highly unusual for an organization of this scale. This suggests either a volunteer leadership model, compensation through an undisclosed mechanism, or reporting under other expense categories.
Are The Jed Foundation's assets growing?
Yes, the organization's assets have grown significantly and consistently, from $2.9 million in 2014 to $36.7 million in 2023, demonstrating effective financial management and resource accumulation.
Filing History
IRS 990 filing history for The Jed Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Jed Foundation's revenue has grown by 1921.9%, moving from $1.0M to $20.7M. Total assets increased by 1520.8% over the same period, from $2.3M to $36.8M. Total functional expenses rose by 2090.1%, from $1.2M to $25.8M. In its most recent filing year (2023), The Jed Foundation reported a deficit of $5.1M, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $36.8M in assets (debt-to-asset ratio: 9.7%), resulting in net assets of $33.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.7M | $25.8M | $36.8M | $3.5M | — | View 990 |
| 2022 | $29.8M | $18.7M | $41.7M | $3.4M | — | View 990 |
| 2021 | $17.6M | $10.1M | $30.0M | $2.7M | — | View 990 |
| 2020 | $10.4M | $8.5M | $21.4M | $1.7M | — | — |
| 2019 | $16.0M | $6.9M | $19.0M | $1.2M | — | View 990 |
| 2018 | $8.9M | $5.6M | $9.3M | $537K | — | View 990 |
| 2017 | $4.8M | $4.6M | $5.8M | $359K | — | — |
| 2016 | $4.3M | $3.3M | $5.5M | $214K | — | View 990 |
| 2015 | $4.2M | $2.8M | $4.5M | $135K | — | View 990 |
| 2014 | $3.0M | $1.9M | $3.0M | $53K | — | View 990 |
| 2013 | $1.6M | $1.7M | $1.9M | $138K | — | View 990 |
| 2012 | $1.3M | $1.7M | $2.0M | $123K | — | View 990 |
| 2011 | $1.0M | $1.2M | $2.3M | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.7M, expenses of $25.8M, and assets of $36.8M (revenue -30.6% year-over-year).
- 2022: Revenue of $29.8M, expenses of $18.7M, and assets of $41.7M (revenue +69.2% year-over-year).
- 2021: Revenue of $17.6M, expenses of $10.1M, and assets of $30.0M (revenue +69.0% year-over-year).
- 2020: Revenue of $10.4M, expenses of $8.5M, and assets of $21.4M (revenue -34.8% year-over-year).
- 2019: Revenue of $16.0M, expenses of $6.9M, and assets of $19.0M (revenue +78.7% year-over-year).
- 2018: Revenue of $8.9M, expenses of $5.6M, and assets of $9.3M (revenue +87.6% year-over-year).
- 2017: Revenue of $4.8M, expenses of $4.6M, and assets of $5.8M (revenue +11.6% year-over-year).
- 2016: Revenue of $4.3M, expenses of $3.3M, and assets of $5.5M (revenue +0.7% year-over-year).
- 2015: Revenue of $4.2M, expenses of $2.8M, and assets of $4.5M (revenue +42.0% year-over-year).
- 2014: Revenue of $3.0M, expenses of $1.9M, and assets of $3.0M (revenue +87.5% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.7M, and assets of $1.9M (revenue +19.5% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.7M, and assets of $2.0M (revenue +30.5% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.2M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Jed Foundation:
Data Sources and Methodology
This transparency report for The Jed Foundation 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.