Simons Fund

Analysis

Simons Fund is a registered charity in United States, based in Plymouth MTNG, PA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Simons Fund reported income of $792k and spending of $725k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $346k to $792k (+129%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Simons Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Lions Vision Services a South Carolina Charity ($792k), Stichting Tuberculosis Vaccine Initiative ($792k) and Clinicalconnect Hie ($791k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $121k (17% of expenses). Other salaries and wages came to $82k. At year end it held assets of $664k against liabilities of $118k, net assets of $545k. It reported 3 employees.