Judi and Steven B Fader Family Foundation

Analysis

Judi and Steven B Fader Family Foundation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 2006, 20 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, Judi and Steven B Fader Family Foundation reported income of $3.4m and spending of $1.8m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $3.4m (+1697%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 3159%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Judi and Steven B Fader Family Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Rebuilding Together New Orleans Inc ($3.4m), Center for Assessment and Treatment a New Jersey Non-Profit Corporati ($3.4m) and Youngstown Foundation ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $6.3m against liabilities of $0, net assets of $6.3m.