Durham Foundation Annie Watts Hill Fund

Analysis

Durham Foundation Annie Watts Hill Fund is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1949, 77 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Durham Foundation Annie Watts Hill Fund reported income of $581k and spending of $269k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $218k to $581k (+167%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 1166%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Durham Foundation Annie Watts Hill Fund sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Be Well Cafe Corp ($581k), O a P Inc ($582k) and Cendel Foundation ($581k).

Compensation of current officers, directors and key employees was $89k (33% of expenses). At year end it held assets of $6.5m against liabilities of $779k, net assets of $5.7m.