John Kazanjian Family Foundation

Analysis

John Kazanjian Family Foundation is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, John Kazanjian Family Foundation reported income of $567k and spending of $346k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $599k to $567k (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John Kazanjian Family Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include American College of Surgeons Foundation ($566k), Back to Basics Inc ($567k) and Duke Memorial Week Day School Inc ($566k).

Compensation of current officers, directors and key employees was $101k (29% of expenses). At year end it held assets of $8.5m against liabilities of $0, net assets of $8.5m.