Jack R and Kay S Grossman Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Jack R and Kay S Grossman Charitable Foundation is a 501(c)(3) organization based in Tucson, Arizona, registered in 1987, with $37,864 in FY2024 revenue. CharityIndex grades it C+.
3161 E Moon Spirit Pl, Tucson, AZ, 85718 EIN 36-3487518 Since 1987
Revenue (FY2024)
$38K
▲ 5.5% vs prior year
Expenses (FY2024)
$25K
Net assets
$629K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Jack R and Kay S Grossman 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 →
B+Financial health25% of the rating302 mo reserves · +34% 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 Jack R and Kay S Grossman Charitable Foundation: 302 mo reserves · +34% margin earns a B+ 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 Jack R and Kay S Grossman 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 Jack R and Kay S Grossman 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 grew from $28K (FY2013) to $38K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $629K
Operating margin
34.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$629K
Total liabilities
$0
Net assets
$629K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $37,864▲5.5% | $24,998▲155% | $629,467▲2.1% | $629,467▲2.1% | 990PF |
| 2023 | $35,906▲31.6% | $9,817▼70.8% | $616,601▲4.4% | $616,601▲4.4% | 990PF |
| 2022 | $27,284▼2.7% | $33,577▼6.9% | $590,512▼1.1% | $590,512▼1.1% | 990PF |
| 2021 | $28,032▼15.8% | $36,067▼15.5% | $596,805▼1.3% | $596,805▼1.3% | 990PF |
| 2020 | $33,303▼7.6% | $42,662▲36.7% | $604,840▼1.5% | $604,840▼1.5% | 990PF |
| 2019 | $36,046▼28.7% | $31,203▲8.9% | $614,199▲0.8% | $614,199▲0.8% | 990PF |
| 2018 | $50,533▲12.4% | $28,640▼8.0% | $609,356▲3.7% | $609,356▲3.7% | 990PF |
| 2017 | $44,969▼9.9% | $31,129▲142% | $587,463▲2.4% | $587,463▲2.4% | 990PF |
| 2016 | $49,935▼15.4% | $12,855▲60.0% | $573,623▲6.9% | $573,623▲6.9% | 990PF |
| 2015 | $59,054▼9.8% | $8,033▼9.3% | $536,543▲10.5% | $536,543▲10.5% | 990PF |
| 2014 | $65,479▲133% | $8,861▲21.9% | $485,522▲13.2% | $485,522▲13.2% | 990PF |
| 2013 | $28,152 | $7,267▼65.4% | $428,904▲5.1% | $428,904▲5.1% | 990PF |
| 2012 | — | $21,019 | $408,019 | $408,019 | 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 Jack R and Kay S Grossman Charitable Foundation a legitimate nonprofit?
- Yes. Jack R and Kay S Grossman Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3487518, based in Tucson, Arizona. Donations are tax-deductible.
- What is Jack R and Kay S Grossman Charitable Foundation's EIN?
- Jack R and Kay S Grossman Charitable Foundation's Employer Identification Number (EIN) is 36-3487518.
- How much revenue does Jack R and Kay S Grossman Charitable Foundation report?
- Jack R and Kay S Grossman Charitable Foundation reported $37,864 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Jack R and Kay S Grossman Charitable Foundation have?
- CharityIndex grades Jack R and Kay S Grossman Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Jack R and Kay S Grossman Charitable Foundation (EIN 36-3487518) 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.