Allen I Gross Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Allen I Gross Charitable Foundation is a 501(c)(3) organization based in New York, New York, registered in 1988, with $519,138 in FY2024 revenue. CharityIndex grades it F.
45 Broadway 27th Floor, New York, NY, 10006 EIN 11-2906887 Since 1988
Revenue (FY2024)
$519K
▼ 23.1% vs prior year
Expenses (FY2024)
$3.6M
Net assets
$9.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Allen I Gross Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating32 mo reserves · -590% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Allen I Gross Charitable Foundation: 32 mo reserves · -590% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Allen I Gross Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Allen I Gross Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $633K (FY2013) to $519K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8,714Net assets $9.5M
Operating margin
-589.7%
Spent more than it raised in the latest fiscal year.
Total assets
$9.5M
Total liabilities
$8,714
Net assets
$9.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $519,138▼23.1% | $3,580,591▲2019% | $9,476,198▼24.4% | $9,484,912▼24.4% | 990PF |
| 2023 | $675,316▲85.8% | $168,977▼50.4% | $12,534,645▲4.3% | $12,545,429▲4.3% | 990PF |
| 2022 | $363,494▼2.7% | $340,840▼33.2% | $12,021,230▲0.6% | $12,025,027▲0.4% | 990PF |
| 2021 | $373,711▲30.7% | $510,136▲69.1% | $11,952,298▼3.4% | $11,978,048▼3.2% | 990PF |
| 2020 | $285,955▲66.5% | $301,689▼35.9% | $12,374,974▲1.2% | $12,374,974▲1.2% | 990PF |
| 2019 | $171,694▼55.8% | $470,905▼38.4% | $12,232,333▼5.7% | $12,232,333▼5.7% | 990PF |
| 2018 | $388,567▲45.8% | $764,453▼21.8% | $12,969,644▲7.4% | $12,969,644▲7.4% | 990PF |
| 2017 | $266,447▼80.2% | $976,957▼10.3% | $12,072,341▼11.0% | $12,072,341▼11.0% | 990PF |
| 2016 | $1,347,221▲30.2% | $1,088,671▲82.8% | $13,567,754▲0.8% | $13,567,754▲0.8% | 990PF |
| 2015 | $1,034,342▲70.5% | $595,651▼16.0% | $13,464,167▲2.4% | $13,464,167▲1.7% | 990PF |
| 2014 | $606,756▼4.1% | $709,216▲5.1% | $13,143,715▼3.6% | $13,243,715▼2.9% | 990PF |
| 2013 | $632,941 | $675,068▲88.1% | $13,638,432▲1.1% | $13,638,432▲1.1% | 990PF |
| 2012 | — | $358,930▼37.8% | $13,484,130▲0.7% | $13,484,130▲0.7% | 990PF |
| 2011 | — | $576,610 | $13,386,799 | $13,386,799 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Allen I Gross Charitable Foundation a legitimate nonprofit?
- Yes. Allen I Gross Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-2906887, based in New York, New York. Donations are tax-deductible.
- What is Allen I Gross Charitable Foundation's EIN?
- Allen I Gross Charitable Foundation's Employer Identification Number (EIN) is 11-2906887.
- How much revenue does Allen I Gross Charitable Foundation report?
- Allen I Gross Charitable Foundation reported $519,138 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Allen I Gross Charitable Foundation have?
- CharityIndex grades Allen I Gross Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for Allen I Gross Charitable Foundation (EIN 11-2906887) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.