Annie T Doe Memorial Foundatioin

Analysis

Annie T Doe Memorial Foundatioin is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Annie T Doe Memorial Foundatioin reported income of $188k and spending of $188k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $188k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Annie T Doe Memorial Foundatioin sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Education Foundation of Downers Grove District 58 ($188k), Ngozi Educational & Healthcare Foundation ($188k) and Literacy Action Network ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $62k. At year end it held assets of $353k against liabilities of $40k, net assets of $313k.