Charles Louis Davis DVM Foundation for Advancement of Vet Pathology

Analysis

Charles Louis Davis DVM Foundation for Advancement of Vet Pathology is a registered charity in United States, based in Gurnee, IL. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Charles Louis Davis DVM Foundation for Advancement of Vet Pathology reported income of $376k and spending of $272k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $376k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charles Louis Davis DVM Foundation for Advancement of Vet Pathology sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Lotts Creek Community School ($376k), 100 Black Men of Greater Washington DC Inc ($376k) and Clifton Springs Library ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 63% of the total. Other salaries and wages came to $44k. At year end it held assets of $914k against liabilities of $11k, net assets of $903k.