Dewey Richard Byar Trust

Analysis

Dewey Richard Byar Trust is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in April 2006, 20 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dewey Richard Byar Trust reported income of $77k and spending of $78k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $77k (-66%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 1611%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dewey Richard Byar Trust sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include Real Estate Donations USA ($77k), Black Mountain Center Foundation Inc ($77k) and Love Haiti Partnership Inc ($77k).

Compensation of current officers, directors and key employees was $20k (25% of expenses). At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.