Darryl Worley Foundation Inc

Analysis

Darryl Worley Foundation Inc is a registered charity in United States, based in Savannah, TN. It received its IRS tax-exemption ruling in March 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Darryl Worley Foundation Inc reported income of $344k and spending of $234k, leaving 32% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $279k to $344k (+23%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Darryl Worley Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Fayette County Farm Bureau Education Foundation Inc ($344k), South Mountain School Parent Teacher Organization Inc ($344k) and Badgers United Inc ($343k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.