Jack G Buncher Charitable Fund Forthe Pittsburgh Foundation

Analysis

Jack G Buncher Charitable Fund Forthe Pittsburgh Foundation 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 Pittsburgh Foundation reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+15%), an average of +3.5% a year. Over the whole period it spent 122% 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 Pittsburgh Foundation 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 Driving Force Group Inc ($1.3m), Society of St Vincent Depaul District Council of Gary Indiana I ($1.3m) and Community Charities ($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 $9.1m against liabilities of $462k, net assets of $8.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.