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Crown Family Foundation

RegisteredEIN 36-3330462Chicago, ILGrant-making and general purposes
Income$26.4m2023-06
Spending$46.3msame year
Spent / received141%5-year average
Size in its cause98th pctGrant-making and general purposes
Exempt since1985Supporting organisation
Employees0latest return

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

$0$11.6m$23.2m$34.7m$46.3m2019 Income: $24,362,3362019 Spending: $23,342,48120192020 Income: $10,125,3252020 Spending: $40,439,62820202021 Income: $19,005,3662021 Spending: $19,483,45820212022 Income: $36,808,5432022 Spending: $35,376,79820222023 Income: $26,413,3392023 Spending: $46,331,2712023
IncomeSpending

Where the income comes from

  • Contributions & grants 19%
  • Other 81%

Similar-sized charities, same cause

CharityLocationIncome
Deloitte FoundationStamford$26.4m
Giveclear FoundationCharlotte$26.5m
Jewish Federation of South Palm Beach County IncBoca Raton$26.4m
Toledo Community FoundationToledo$26.6m