Dan and Ellen Zelman Family Foundation

Analysis

Dan and Ellen Zelman Family Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2014, 12 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, Dan and Ellen Zelman Family Foundation reported income of $492k and spending of $741k, spending 151% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $492k (-69%), an average of -25% a year. The sharpest change came in the year to June 2020, when income dropped by 70%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dan and Ellen Zelman Family Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Jaws Youth Fund ($492k), United Way of Oconee County Inc ($492k) and Students Matter ($492k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $6.9m against liabilities of $352k, net assets of $6.5m.

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.