Samuel and Barbara Masket Foundation

Analysis

Samuel and Barbara Masket Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Samuel and Barbara Masket Foundation reported income of $446k and spending of $332k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $223k to $446k (+100%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Samuel and Barbara Masket Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Peers Together of Wyoming County Inc ($446k), Big Bend Rural Health Network Inc ($446k) and Friends of Mercy Medical Center Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $633k against liabilities of $0, net assets of $633k.