Devlin Foundation Inc

Analysis

Devlin Foundation Inc is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in February 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Devlin Foundation Inc reported income of $154k and spending of $140k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $154k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Devlin Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Rotary Club of Ames Foundation ($154k), Gilbert Education Foundation ($154k) and Tri-Cities Sunrise Rotary Charity ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.