Donald J Beck Trust

Analysis

Donald J Beck Trust is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in May 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 supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Donald J Beck Trust reported income of $112k and spending of $131k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $112k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Donald J Beck Trust sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within IA. Charities of a similar size with the same main cause include Good News India Development Support Association ($112k), Matteas Joy ($112k) and Fight with Austin Flash Schroeder Foundation ($112k).

Compensation of current officers, directors and key employees was $23k (18% of expenses). At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.