Davis Family Foundation

Analysis

Davis Family Foundation is a registered charity in United States, based in Yarmouth, ME. It received its IRS tax-exemption ruling in September 1983, 43 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, Davis Family Foundation reported income of $3.2m and spending of $2.4m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $3.2m (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Davis Family Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within ME. Charities of a similar size with the same main cause include Athenaeum Foundation Inc ($3.2m), Bridgeview Housing ($3.2m) and William M Yarbrough Foundation ($3.2m).

Compensation of current officers, directors and key employees was $98k (4.0% of expenses). At year end it held assets of $89.6m against liabilities of $133k, net assets of $89.5m.