The Gilmour-Jirgens Fund

Analysis

The Gilmour-Jirgens Fund is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 1995, 31 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 December 2023, The Gilmour-Jirgens Fund reported income of $56k and spending of $196k, spending 353% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $56k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 2655%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Gilmour-Jirgens Fund sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include Hood County Christmas for Children Inc ($56k), A Community Christmas ($56k) and Parkers Army ($56k).

At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.