Jack Goldstein Charitable Trust

Analysis

Jack Goldstein Charitable Trust is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in May 1979, 47 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, Jack Goldstein Charitable Trust reported income of $6.1m and spending of $1.1m, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $6.1m (+2761%), an average of +131% a year. The sharpest change came in the year to December 2023, when income rose by 1308%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jack Goldstein Charitable Trust sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KS. Charities of a similar size with the same main cause include Northwest North Carolina Community Foundation ($6.1m), Community Foundation for Northeast Michigan ($6.1m) and The Center for Cultural Power ($6.1m).

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