Crown Family Foundation
Analysis
Crown Family Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1985, 41 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 2023, Crown Family Foundation reported income of $26.4m and spending of $46.3m, spending 175% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.4m to $26.4m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 141% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Crown Family Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Deloitte Foundation ($26.4m), Giveclear Foundation ($26.5m) and Jewish Federation of South Palm Beach County Inc ($26.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $435.5m against liabilities of $40.3m, net assets of $395.2m.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Other 81%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Deloitte Foundation | Stamford | $26.4m |
| Giveclear Foundation | Charlotte | $26.5m |
| Jewish Federation of South Palm Beach County Inc | Boca Raton | $26.4m |
| Toledo Community Foundation | Toledo | $26.6m |