Benson Family Foundation

Analysis

Benson Family Foundation is a registered charity in United States, based in Milwaukee, OR. It received its IRS tax-exemption ruling in November 2003, 23 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 December 2023, Benson Family Foundation reported income of $1.5m and spending of $779k, leaving 47% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.5m (+24%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Benson Family Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include Acm Lifting Lives ($1.5m), Sterling Charitable Gift Fund TR ($1.5m) and United Way of Snohomish County ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% of the total. At year end it held assets of $13.8m against liabilities of $0, net assets of $13.8m.