Sam and Peggy Grossman Family Foundation

Analysis

Sam and Peggy Grossman Family Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Sam and Peggy Grossman Family Foundation reported income of $735k and spending of $729k, spending 99% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $581k to $735k (+26%), an average of +6.1% a year. The sharpest change came in the year to March 2022, when income rose by 196%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sam and Peggy Grossman Family Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Jewish Family Services of WNC Inc ($735k), Family Justice Center of St Joseph County Inc ($735k) and Lewis Memorial Inc ($735k).

At year end it held assets of $19.7m against liabilities of $5,000, net assets of $19.7m.