Reisman Family Foundation Inc

Analysis

Reisman Family Foundation Inc is a registered charity in United States, based in Tallman, NY. It received its IRS tax-exemption ruling in August 2019, 7 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, Reisman Family Foundation Inc reported income of $246k and spending of $238k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $246k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reisman Family 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 55th percentile within NY. Charities of a similar size with the same main cause include Impact 100 Metrodenver ($246k), Triangle East Chapter 100 Black Men of America Inc ($246k) and United Way of the Klamath Basin ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $109k against liabilities of $30k, net assets of $79k.