Samuel and Ruth Hirsch Foundation Inc

Analysis

Samuel and Ruth Hirsch Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Samuel and Ruth Hirsch Foundation Inc reported income of $83k and spending of $65k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $83k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Samuel and Ruth Hirsch Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Rich Mountain Battlefield Foundation Inc ($83k), Abada-Capoeira DC Brazilian Arts Center Inc ($83k) and Bernice and David E Davis Art Foundation ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.