Simon Family Foundation

Analysis

Simon Family Foundation is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in February 1999, 27 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Simon Family Foundation reported income of $203k and spending of $336k, spending 166% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $225k to $203k (-10.0%), an average of -2.6% a year. The sharpest change came in the year to June 2021, when income rose by 718%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Simon Family Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Helpsavelife Inc ($203k), Frances Pope Memorial Foundation Inc ($203k) and South Pacific County Community Foundation ($203k).

At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m.