Gruber Foundation

Analysis

Gruber Foundation is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gruber Foundation reported income of $7.2m and spending of $6.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $7.2m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to June 2021, when income dropped by 44%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gruber Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Reid Traditional Schools Valley Academy Inc ($7.2m), East Cooper Montessori Charter School ($7.2m) and University of Southern Mississippi Athletic Foundation ($7.2m).

At year end it held assets of $223.9m against liabilities of $681k, net assets of $223.2m.