Robert B Spencer Foundation

Analysis

Robert B Spencer Foundation is a registered charity in United States, based in Clovis, NM. It received its IRS tax-exemption ruling in April 2008, 18 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 June 2024, Robert B Spencer Foundation reported income of $314k and spending of $119k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $578k to $314k (-46%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 73%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Robert B Spencer Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NM. Charities of a similar size with the same main cause include Cruisin the Boulevard Inc ($314k), Cobb Sheriffs Foundation Inc ($315k) and Nettelhorst Parent Teacher Organization ($314k).

At year end it held assets of $9.4m against liabilities of $0, net assets of $9.4m.