Seltzer Family Foundation

Analysis

Seltzer Family Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Seltzer Family Foundation reported income of $136k and spending of $183k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $300k to $136k (-55%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 62%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Seltzer Family Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Made to Impact Foundation ($136k), First Electric Trust ($136k) and Fremont Youth Ball Club ($136k).

At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.