The Douglass Fund

Analysis

The Douglass Fund is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Douglass Fund reported income of $2.0m and spending of $1.6m, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.7m to $2.0m (-27%), an average of -7.4% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Douglass Fund sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include St Augustine Academy Inc ($2.0m), Summit Academy Community School - Dayton ($2.0m) and Graland Country Day School Foundation ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% of the total. At year end it held assets of $47.9m against liabilities of $146k, net assets of $47.8m.