Jack G Buncher Charitable Fund Forthe Carnegie Library of Pittsburgh

Analysis

Jack G Buncher Charitable Fund Forthe Carnegie Library of Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 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 December 2023, Jack G Buncher Charitable Fund Forthe Carnegie Library of Pittsburgh reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+21%), an average of +4.9% a year. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jack G Buncher Charitable Fund Forthe Carnegie Library of Pittsburgh sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Berkeley Community Scholars ($1.3m), Catalytic Impact Foundation Inc ($1.3m) and TH Kids Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $11.0m against liabilities of $0, net assets of $11.0m.