Whit Davis Memorial Center Inc

Analysis

Whit Davis Memorial Center Inc is a registered charity in United States, based in Jacksonville, AR. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Whit Davis Memorial Center Inc reported income of $93k and spending of $94k, spending 101% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $84k to $93k (+11%), an average of +5.4% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whit Davis Memorial Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within AR. Charities of a similar size with the same main cause include Rotary Club of Wethersfield Helping Hand Fund ($93k), PTA Tennessee Congress of Parents & Teachers Inc ($93k) and Lake Toxaway Community Club ($93k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $19k. At year end it held assets of $105k against liabilities of $232k, net assets of -$127k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.