Van Otterloo Family Foundation

Analysis

Van Otterloo Family Foundation is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Van Otterloo Family Foundation reported income of $5.3m and spending of $2.9m, leaving 46% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.8m to $5.3m (+92%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 552%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Van Otterloo Family Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Canton Medical Education Foundation Inc ($5.3m), Julia Morgan School for Girls ($5.3m) and Middle East Bible Outreach ($5.3m).

Compensation of current officers, directors and key employees was $80k (2.8% of expenses). At year end it held assets of $40.2m against liabilities of $1.1m, net assets of $39.1m. It reported 1 employees.