William R Daniels Memorial Fund

Analysis

William R Daniels Memorial Fund is a registered charity in United States, based in Brooklyn, OH. It received its IRS tax-exemption ruling in July 1987, 39 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, William R Daniels Memorial Fund reported income of $722k and spending of $640k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $641k to $722k (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2024, when income rose by 117%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, William R Daniels Memorial Fund sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include The Northern New Jersey Community Foundation ($722k), United Way of Indiana County ($722k) and Credit Union Miracle Day Committee Inc ($722k).

Compensation of current officers, directors and key employees was $69k (11% of expenses). At year end it held assets of $7.3m against liabilities of $0, net assets of $7.3m.