Thomas Davis Defending Dreams Foundation

Analysis

Thomas Davis Defending Dreams Foundation is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2009, 17 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 2023, Thomas Davis Defending Dreams Foundation reported income of $183k and spending of $293k, spending 160% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $321k to $183k (-43%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Thomas Davis Defending Dreams Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Isaiah House ($183k), East Brunswick Education Foundation Inc ($183k) and Hope Chest ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $17k, net assets of $31k.