Davis Educational Foundation

Analysis

Davis Educational Foundation is a registered charity in United States, based in Yarmouth, ME. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Educational Foundation reported income of $3.6m and spending of $3.3m, spending 91% of its income. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 129% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Davis Educational Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within ME. Charities of a similar size with the same main cause include South Columbus Preparatory Academy ($3.6m), Student Clubs of HBS Inc ($3.6m) and Shepherds Gate Corp ($3.6m).

Compensation of current officers, directors and key employees was $287k (8.8% of expenses). Other salaries and wages came to $319k. At year end it held assets of $118.3m against liabilities of $1.7m, net assets of $116.6m. It reported 5 employees.