Simpson Foundation Inc

Analysis

Simpson Foundation Inc is a registered charity in United States, based in Hillsdale, MI. It received its IRS tax-exemption ruling in December 1997, 29 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 September 2023, Simpson Foundation Inc reported income of $254k and spending of $338k, spending 133% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $330k to $254k (-23%), an average of -8.3% a year. The sharpest change came in the year to September 2021, when income rose by 94%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Simpson Foundation Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Lubavitch of Monsey Inc ($254k), Friends of Dewitt Parks & Rec Inc ($254k) and Surfaid International USA ($254k).

At year end it held assets of $8.0m against liabilities of $0, net assets of $8.0m.