Shuchman Lesser Foundation

Analysis

Shuchman Lesser Foundation is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in July 2017, 9 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, Shuchman Lesser Foundation reported income of $191k and spending of $207k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $191k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income dropped by 493%. Over the whole period it spent 854% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shuchman Lesser Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Fight Oar Die ($191k), Ancient and Effervescent Order Ofthe Little Yellow Dog ($191k) and Aitec Gives Back Foundation ($191k).

At year end it held assets of $4.3m against liabilities of $2,573, net assets of $4.3m.

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.