Colleen Decrane Family Foundation

Analysis

Colleen Decrane Family Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in January 2001, 25 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, Colleen Decrane Family Foundation reported income of $96k and spending of $12k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $96k (+119%), an average of +119% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 20% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Colleen Decrane Family Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Tincup Charity Group Inc ($96k), Whitney Houston Legacy Foundation ($96k) and Central Texas Columbus Club Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.