Immerman Foundation

Analysis

Immerman Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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 2023, Immerman Foundation reported income of $308k and spending of $716k, spending 233% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $154k to $308k (+100%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Immerman Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Upper Peninsula Honor Flight ($308k), New Milford Affordable Housing Inc ($308k) and Volunteers of America Inc ($308k).

At year end it held assets of $6.9m against liabilities of $163k, net assets of $6.8m.