Jack G Buncher Charitable Fund Forcarnegie Mellon University

Analysis

Jack G Buncher Charitable Fund Forcarnegie Mellon University 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 Forcarnegie Mellon University reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.5m (+25%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 99% 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 Forcarnegie Mellon University sits at the 84th 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 81st percentile within PA. Charities of a similar size with the same main cause include Good Samaritan Hospital Foundation Kearney Nebraska ($1.5m), Peninsula College Foundation ($1.5m) and Olympia Companies Southern Highlands Charitable Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $7.6m against liabilities of $0, net assets of $7.6m.