Edward & Rose Berman Legacy Foundation

Analysis

Edward & Rose Berman Legacy Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 2004, 22 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 June 2023, Edward & Rose Berman Legacy Foundation reported income of $147k and spending of $117k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $151k to $147k (-2.6%), an average of -0.7% a year. The sharpest change came in the year to June 2023, when income rose by 919%. Over the whole period it spent 164% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Edward & Rose Berman Legacy Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Petit Jean Regional Foundation ($147k), Rotary Club of Leawood Kansas Charitable Fund Inc ($147k) and Jennings County United Way Inc ($147k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $727k against liabilities of $0, net assets of $727k.