Davis Phinney Foundation

Analysis

Davis Phinney Foundation is a registered charity in United States, based in Louisville, CO. It received its IRS tax-exemption ruling in May 2004, 22 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Davis Phinney Foundation reported income of $3.8m and spending of $3.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.8m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davis Phinney 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 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Community Aging and Retirement Services Inc ($3.8m), Liberty Village ($3.8m) and The Community Foundation for Ocala Marion County Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $153k (4.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.1m against liabilities of $652k, net assets of $4.4m. It reported 36 employees.