Greg Bussjaeger Memorial Foundation

Analysis

Greg Bussjaeger Memorial Foundation is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in November 2002, 24 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greg Bussjaeger Memorial Foundation reported income of $67k and spending of $30k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $67k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greg Bussjaeger Memorial Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Women on Mission St Louis Inc ($67k), Liberty Community Christmas Tree ($67k) and Ems Access Inc ($67k).

At year end it held assets of $581k against liabilities of $0, net assets of $581k.