Bruce and Marsha Moskowitz Foundation Inc

Analysis

Bruce and Marsha Moskowitz Foundation Inc is a registered charity in United States, based in West Palm Beach, FL. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Bruce and Marsha Moskowitz Foundation Inc reported income of $312k and spending of $504k, spending 161% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $309k to $312k (+1.1%), an average of +0.4% a year. The sharpest change came in the year to March 2023, when income dropped by 39%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bruce and Marsha Moskowitz Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Samaritan Ministries Inc ($312k), Sandals Foundation Inc ($313k) and Friends of the Southwest Virginia Museum Historical State Park ($312k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m.