Max M & Marjorie S Fisher Support Foundation

Analysis

Max M & Marjorie S Fisher Support Foundation is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in March 1984, 42 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 May 2023, Max M & Marjorie S Fisher Support Foundation reported income of $62k and spending of $1.0m, spending 1662% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $60k to $62k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to May 2023, when income rose by 3634%. Over the whole period it spent 1483% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Max M & Marjorie S Fisher Support Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Slinger-Allenton Rotary Inc ($62k), Oak Ridge Breakfast Club Rotary Foundation ($62k) and Drive for a Cure Inc ($62k).

At year end it held assets of $800k against liabilities of $0, net assets of $800k.

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.