George Daily Charitable Trust

Analysis

George Daily Charitable Trust is a registered charity in United States, based in Oskaloosa, IA. It received its IRS tax-exemption ruling in March 1990, 36 years ago. 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 December 2023, George Daily Charitable Trust reported income of $376k and spending of $260k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $872k to $376k (-57%), an average of -19% a year. The sharpest change came in the year to December 2020, when income rose by 284%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, George Daily Charitable Trust sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include American Society of Andrology ($375k), The Greensboro Symphony Endowment Fund ($376k) and Friendly Door Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% of the total. At year end it held assets of $10.5m against liabilities of $1,330, net assets of $10.5m.