Singer Foundation
Analysis
Singer Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 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, Singer Foundation reported income of $1.5m and spending of $910k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.5m to $1.5m (-73%), an average of -28% a year. The sharpest change came in the year to December 2021, when income dropped by 66%. Over the whole period it spent 13% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Singer Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NE. Charities of a similar size with the same main cause include United Way of Cascade County ($1.5m), The Giving Circle ($1.5m) and Friends of Mosaic United ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $23.2m against liabilities of $300k, net assets of $22.9m.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Other 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Way of Cascade County | Black Eagle | $1.5m |
| The Giving Circle | Boston | $1.5m |
| Friends of Mosaic United | Southfield | $1.5m |
| New Hope Charities Inc | West Palm BCH | $1.5m |