The Ganz Family Foundation Inc

Analysis

The Ganz Family Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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, The Ganz Family Foundation Inc reported income of $1.1m and spending of $278k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $464k to $1.1m (+131%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 14398%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Ganz Family Foundation Inc 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 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Montessori School of Sonoma Incorporated ($1.1m), St Andrews Society of the State of New York ($1.1m) and Texas Academic Decathlon Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.2m against liabilities of $45k, net assets of $2.2m.