Shack Harris and Doug Williams Foundation Inc

Analysis

Shack Harris and Doug Williams Foundation Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in February 2006, 20 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 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 2021, Shack Harris and Doug Williams Foundation Inc reported income of $375k and spending of $160k, leaving 57% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $106k to $375k (+255%), an average of +88% a year. The sharpest change came in the year to December 2020, when income rose by 300%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shack Harris and Doug Williams Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within LA. Charities of a similar size with the same main cause include Air Capital Charities Inc ($375k), GSBC Community Development Corp ($376k) and Shirley and Leonard Goldstein Supporting Foundation ($375k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 91% of the total. It paid $65k in professional fundraising fees. At year end it held assets of $701k against liabilities of $0, net assets of $701k.