Ithuriel Fund

Analysis

Ithuriel Fund is a registered charity in United States, based in Old Greenwich, CT. It received its IRS tax-exemption ruling in March 2022, 4 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, Ithuriel Fund reported income of $4.5m and spending of $589k, leaving 87% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $71.9m to $4.5m (-94%), an average of -75% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 0.9% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ithuriel Fund sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Jewish Community Foundation of Central Pennsylvania ($4.5m), U S Family Foundation Inc ($4.5m) and Barton Institute for Community Action ($4.5m).

Other salaries and wages came to $115k. At year end it held assets of $76.8m against liabilities of $0, net assets of $76.8m. It reported 2 employees.