JEWISH UNITED FUND OF METROPOLITAN CHICAGO
Mission Statement
The mission of the Jewish Federation and Jewish United Fund is to serve as the central communal organization of the metropolitan Chicago Jewish community. The Federation and Jewish United Fund are dedicated to the survival and welfare of the Jewish people and to the benefit and progress of mankind. They are committed to providing the means, resources, and planning to address needs while fulfilling the highest Jewish principles and ideals of our tradition. The Jewish Federation and Jewish United Fund are committed to the preservation, enrichment, and continuity of the Jewish people, and to expressing our community’s deeply shared concerns regarding Jewish life in the Chicago area, North America, Israel and throughout the world. The Federation has a responsibility to participate in the wider arena of general community needs and problem solving.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.1% | 94.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.7% | 3.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.2% | 0.5% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
4031.9% | 3578.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
15.0 mo | 67.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
34.9% | 3.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.9% | 91.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-1.2% | 3.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.0% | 11.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-6.0% | 0.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $117.1M | $124.2M | $154.9M | 84.1% | 586 |
| 2022 | $118.5M | $115.0M | $150.8M | 85.0% | 564 |
| 2021 | $116.3M | $108.5M | N/A | — | 564 |
| 2020 | $27.5M | $17.0M | N/A | — | 0 |
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