Dan Gibbons Turkey Trot Foundation

Analysis

Dan Gibbons Turkey Trot Foundation is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in January 2009, 17 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, Dan Gibbons Turkey Trot Foundation reported income of $915k and spending of $917k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $890k to $915k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dan Gibbons Turkey Trot Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include United Way of Northeast Arkansas ($914k), Doterra Hope Foundation Inc ($915k) and Spur Local Inc ($914k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $75k (8.2% of expenses). Other salaries and wages came to $99k. At year end it held assets of $351k against liabilities of $0, net assets of $351k. It reported 11 employees.