The Timothy J Piazza Memorial Foundation Inc

Analysis

The Timothy J Piazza Memorial Foundation Inc is a registered charity in United States, based in Spring Lake, NJ. 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 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, The Timothy J Piazza Memorial Foundation Inc reported income of $248k and spending of $195k, leaving 21% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $196k to $248k (+27%), an average of +4.8% a year. The sharpest change came in the year to December 2019, when income rose by 33%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Timothy J Piazza Memorial Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Lebanon Educational Foundation Inc ($248k), Chagrin Valley Jaycees Charitable Foundation ($248k) and Zuckerman Klein Family Support Foundation ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $792k against liabilities of $0, net assets of $792k.