The Daniel Trust Foundation Inc

Analysis

The Daniel Trust Foundation Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2021, The Daniel Trust Foundation Inc reported income of $122k and spending of $122k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $125k to $122k (-2.6%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Daniel Trust Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Missourians United to Combat Hunger Inc ($122k), Parents Educating Parents & Professionals Inc ($122k) and Play to Your Strengths ($122k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (29% of expenses). At year end it held assets of $496 against liabilities of $0, net assets of $496. It reported 1 employees.