Andersen Tax Foundation

Analysis

Andersen Tax Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2018, 8 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, Andersen Tax Foundation reported income of $1.7m and spending of $1.4m, spending 86% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $500k to $1.7m (+233%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Andersen Tax Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Actblue Charities Inc ($1.7m), Starved Rock Country Community Foundation ($1.7m) and Columbus Blue Jackets Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $5.3m against liabilities of $395k, net assets of $4.9m.