Bucksbaum Family Foundation

Analysis

Bucksbaum Family Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bucksbaum Family Foundation reported income of $87k and spending of $363k, spending 415% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $188k to $87k (-54%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 71%. Over the whole period it spent 178% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bucksbaum Family Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Always Forward Ministries Inc ($87k), Little Way Messengers Inc ($87k) and Lamesa de Dios Emmaus Community Inc ($87k).

At year end it held assets of $3.7m against liabilities of $5,000, net assets of $3.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.