Irving I Moskowitz Foundation

Analysis

Irving I Moskowitz Foundation is a registered charity in United States, based in Hawaiian GDNS, CA. It received its IRS tax-exemption ruling in February 1968, 58 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Irving I Moskowitz Foundation reported income of $11.3m and spending of $10.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.0m to $11.3m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Irving I Moskowitz Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include First Community Foundation Partnership of Pennsylvania ($11.3m), Poise Foundation ($11.3m) and Invited Foundation ($11.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% of the total. Other salaries and wages came to $21k. At year end it held assets of $52.6m against liabilities of $100, net assets of $52.6m. It reported 9 employees.