Do It for Durrett Foundation Inc

Analysis

Do It for Durrett Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in November 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 December 2023, Do It for Durrett Foundation Inc reported income of $203k and spending of $221k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $232k to $203k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Do It for Durrett Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Friends of Nord Inc ($202k), South Pacific County Community Foundation ($203k) and Mobile Law Enforcement Foundation Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.