Charles E Kaufman Foundation

Analysis

Charles E Kaufman Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 2023, 3 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 December 2023, Charles E Kaufman Foundation reported income of $780k and spending of $2.4m, spending 304% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $780k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 129% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charles E Kaufman Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Jayson Tatum Foundation ($780k), Mann Charitable Foundation ($782k) and Prince Albert II of Monaco Foundation USA ($779k).

At year end it held assets of $50.4m against liabilities of $1.1m, net assets of $49.3m.