Goren Family Foundation

Analysis

Goren Family Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1987, 39 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goren Family Foundation reported income of $81k and spending of $206k, spending 253% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $81k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 159% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Goren Family Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include The Eric M Suhl Foundation ($81k), Albemarle Community Trust ($81k) and Austin Young Lawyers Association Foundation ($81k).

At year end it held assets of $3.1m against liabilities of $10k, net assets of $3.1m.