Neuberger Family Foundation Inc

Analysis

Neuberger Family Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2010, 16 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, Neuberger Family Foundation Inc reported income of $1.2m and spending of $254k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.2m (-1.4%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 732%. Over the whole period it spent 21% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Neuberger Family Foundation Inc 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 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Bellarmine Benefactors Trust ($1.2m), Suzuki Music School of Westport Inc ($1.2m) and Nami Greater Houston ($1.2m).

Other salaries and wages came to $192k. At year end it held assets of $6.4m against liabilities of $151k, net assets of $6.3m.