Zimmerman Fund for Children Inc

Analysis

Zimmerman Fund for Children Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2005, 21 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, Zimmerman Fund for Children Inc reported income of $70k and spending of $264k, spending 376% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $70k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 258% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zimmerman Fund for Children Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include Project St Anne Inc ($70k), Ivy Center Foundation of Nashville Inc ($70k) and The Kansas City Missouri Police Care Team Inc ($70k).

At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m.

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.