David George Jones Charitable Remainder Unitrust

Analysis

David George Jones Charitable Remainder Unitrust is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1989, 37 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, David George Jones Charitable Remainder Unitrust reported income of $274k and spending of $181k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $130k to $274k (+111%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 81%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, David George Jones Charitable Remainder Unitrust sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Sunnyside Christian Thrift Shop ($274k), Family Foundation of Southwest LA ($274k) and Swift Eagle Charitable Foundation ($274k).

Compensation of current officers, directors and key employees was $48k (26% of expenses). At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.