The Goldsmith Foundation Inc

Analysis

The Goldsmith Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1983, 43 years ago. 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, The Goldsmith Foundation Inc reported income of $573k and spending of $562k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $591k to $573k (-3.0%), an average of -0.8% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Goldsmith Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Idaho Inferno Soccer Club Inc ($573k), St Josephs Helpers of Dallas Texas ($573k) and Faith Christian Academy ($573k).

At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.