Dan Devereaux Memorial Trust Inc

Analysis

Dan Devereaux Memorial Trust Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dan Devereaux Memorial Trust Inc reported income of $72k and spending of $45k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $72k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dan Devereaux Memorial Trust Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within MO. Charities of a similar size with the same main cause include Dobie Diamond Club ($72k), West Elementary PTO ($72k) and Southwest Association of Student Financial Aid Administrators Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.