Cohnreznick Foundation Inc

Analysis

Cohnreznick Foundation Inc is a registered charity in United States, based in Parsippany, NJ. It received its IRS tax-exemption ruling in April 2000, 26 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cohnreznick Foundation Inc reported income of $277k and spending of $184k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $190k to $277k (+46%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cohnreznick Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Do Good 4 Co ($277k), Rochester Public Library Foundation ($277k) and Foundation for Flint ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $602k against liabilities of $0, net assets of $602k.