Davidson Cares Inc

Analysis

Davidson Cares Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in November 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 (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, Davidson Cares Inc reported income of $149k and spending of $151k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $149k (+55%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Davidson Cares 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 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Sarahs Fight for Hope Foundation ($149k), Chip Hilton Classic Foundation ($149k) and Howard Scott Residuary Trust Uw First Ala BK ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 121% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.