Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh

Jack G Buncher Charitable Fund consistently supports Carnegie Library with stable assets and zero officer compensation.

EIN: 204393050 · Pittsburgh, PA · NTEE: T20 · Updated: 2026-03-28

$1.3MRevenue
$11.0MAssets
95/100Mission Score (Excellent)
T20
Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh Financial Summary
MetricValue
Total Revenue$1.3M
Total Expenses$1.4M
Program Spending100%
CEO/Top Officer Pay$10
Net Assets$11.0M
Transparency Score95/100

Is Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh

Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh (EIN: 204393050) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code T20. The organization reported total revenue of $1.3M and total assets of $11.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.3M
Total Expenses$1.4M
Surplus / Deficit$-103,234
Total Assets$11.0M
Net Assets$11.0M
Operating Margin-8.0%
Months of Reserves94.1 months

Financial Health Grade: B

In 2023, Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh reported a deficit of $103K with expenses exceeding revenue, holds 94.1 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+0.9%+16.7%-5.2%
2022+6.4%+0.0%-11.2%
2021+9.0%+14.3%+19.8%
2020+3.4%-16.0%+0.5%
2019+2.8%-7.4%+6.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Jack G Buncher Charitable Fund for the Carnegie Library of Pittsburgh demonstrates consistent financial health, primarily operating as a grant-making foundation. Over the past decade, its assets have remained robust, fluctuating between approximately $9.7 million and $13 million, with the latest reported assets at $10,975,730 in 2023. The organization consistently reports zero liabilities, indicating a very strong balance sheet and no reliance on debt. Its revenue has shown a steady upward trend, from $780,377 in 2014 to $1,296,766 in 2023, reflecting stable funding. Spending efficiency is excellent, as the organization reports 0% officer compensation across all filings, suggesting a volunteer or externally managed structure, which minimizes administrative overhead. While specific program spending details are not provided in the summary data, the nature of a charitable fund for a library implies direct support for its mission. The consistent reporting of expenses close to or slightly exceeding revenue in some years (e.g., $1,400,000 expenses vs. $1,296,766 revenue in 2023) indicates active grant disbursement rather than excessive accumulation of funds. Transparency is high given the consistent filing of IRS Form 990s over 13 periods and the clear reporting of key financial metrics. The absence of officer compensation is a significant positive indicator of efficient resource allocation. The organization's financial stability and consistent support for its stated beneficiary, the Carnegie Library of Pittsburgh, suggest a well-managed and impactful charitable fund.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.3MTotal Revenue
$1.4MTotal Expenses
$11.0MTotal Assets
$11.0MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization operates without paid officers or that compensation is covered by an external entity, which is highly efficient for a fund of its size with assets over $10 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh:

Frequently Asked Questions about Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh

Is Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh a legitimate charity?

Based on AI analysis of IRS 990 filings, Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh (EIN: 204393050) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh spend its money?

Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh tax-deductible?

Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh is registered as a tax-exempt nonprofit (EIN: 204393050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh CEO make?

Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh's highest-compensated officer earns $10 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh located?

Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 204393050. It is classified under NTEE code T20.

How many years of IRS 990 filings does Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh have?

Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.

Is the Jack G Buncher Charitable Fund a good charity?

Yes, based on the provided data, it appears to be a very good charity. It consistently maintains strong assets, has zero liabilities, and reports 0% officer compensation, indicating highly efficient use of funds for its stated purpose.

How does this organization manage its administrative costs?

The organization manages administrative costs exceptionally well, reporting 0% officer compensation across all filings, which suggests minimal to no internal administrative overhead related to executive salaries.

Is the fund growing or shrinking?

The fund's revenue has shown a general upward trend over the past decade, from $780,377 in 2014 to $1,296,766 in 2023. While assets have fluctuated, they remain substantial, indicating stability rather than significant growth or shrinkage in overall size.

Filing History

IRS 990 filing history for Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh's revenue has declined by 18.6%, moving from $1.6M to $1.3M. Total assets increased by 284.2% over the same period, from $2.9M to $11.0M. Total functional expenses rose by 366.7%, from $300K to $1.4M. In its most recent filing year (2023), Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh reported a deficit of $103K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.3M $1.4M $11.0M $0 View 990
2022 $1.3M $1.2M $11.6M $0 View 990
2021 $1.2M $1.2M $13.0M $0 View 990
2020 $1.1M $1.1M $10.9M $0
2019 $1.1M $1.3M $10.8M $0 View 990
2018 $1.0M $1.4M $10.2M $0 View 990
2017 $990K $950K $10.5M $0
2016 $938K $950K $10.4M $0 View 990
2015 $868K $800K $10.4M $0 View 990
2014 $780K $1.1M $9.8M $0 View 990
2013 $4.4M $201K $9.8M $0 View 990
2012 $2.4M $401K $5.2M $0 View 990
2011 $1.6M $300K $2.9M $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Jack G Buncher Charitable Fund Forthe Carnegie Library Of Pittsburgh is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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