Peter E Haas Jr Family Fund

Analysis

Peter E Haas Jr Family Fund is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in September 2007, 19 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, Peter E Haas Jr Family Fund reported income of $13.0m and spending of $7.1m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $43.7m to $13.0m (-70%), an average of -26% a year. The sharpest change came in the year to June 2021, when income rose by 418%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Peter E Haas Jr Family Fund sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include United Way Inc Dba United Way of Central & Northeastern CT ($13.0m), Fifth Third Charitable Gift Fund ($13.0m) and New Voices Foundation ($12.9m).

Compensation of current officers, directors and key employees was $289k (4.1% of expenses). Other salaries and wages came to $209k. At year end it held assets of $484.3m against liabilities of $3.0m, net assets of $481.3m. It reported 4 employees.