Daniel J Preston Charitable TR 4347-2 DTD 020554

Analysis

Daniel J Preston Charitable TR 4347-2 DTD 020554 is a registered charity in United States, based in Centerville, DE. It received its IRS tax-exemption ruling in September 1979, 47 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Daniel J Preston Charitable TR 4347-2 DTD 020554 reported income of $138k and spending of $255k, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $442k to $138k (-69%), an average of -25% a year. The sharpest change came in the year to December 2021, when income rose by 1124%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daniel J Preston Charitable TR 4347-2 DTD 020554 sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 39th percentile within DE. Charities of a similar size with the same main cause include Cultural Exchange for Diplomats Inc ($138k), Ust Nurses Association International ($138k) and Equu8 Horsemanship and Therapeutic Riding ($138k).

Compensation of current officers, directors and key employees was $9,801 (3.8% of expenses). At year end it held assets of $5.8m against liabilities of $0, net assets of $5.8m.