Samuel Z Stone Cipr Support Trust

Analysis

Samuel Z Stone Cipr Support Trust is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2004, 22 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, Samuel Z Stone Cipr Support Trust reported income of $2.4m and spending of $897k, leaving 62% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.7m to $2.4m (+38%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 39% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Samuel Z Stone Cipr Support Trust sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include Finnup Foundation ($2.4m), The Enrichment Foundation ($2.4m) and Caipa Foundation Inc ($2.3m).

At year end it held assets of $18.3m against liabilities of $0, net assets of $18.3m.