Craig Bowers Memorial Foundation

Analysis

Craig Bowers Memorial Foundation is a registered charity in United States, based in Greenville, TX. It received its IRS tax-exemption ruling in July 2015, 11 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 March 2024, Craig Bowers Memorial Foundation reported income of $158k and spending of $162k, spending 103% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $137k to $158k (+15%), an average of +15% a year. The sharpest change came in the year to March 2024, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Craig Bowers Memorial Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Cancer Care Club ($158k), Sertoma Inc ($158k) and CWM Charitable Fund Inc ($158k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,666 against liabilities of $0, net assets of $3,666.