Harry Weinberg Family Foundation Inc

Analysis

Harry Weinberg Family Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1987, 39 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, Harry Weinberg Family Foundation Inc reported income of $612k and spending of $1.6m, spending 255% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $738k to $612k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 251% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Harry Weinberg Family Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include West Des Moines Community Schools Foundation ($612k), Grand Harbor Community Outreach Program Inc ($613k) and Steelers Charities ($612k).

At year end it held assets of $39.4m against liabilities of $0, net assets of $39.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.