Donovan Creason Memorial Trust Fund

Analysis

Donovan Creason Memorial Trust Fund is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in September 2000, 26 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 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 December 2023, Donovan Creason Memorial Trust Fund reported income of $160k and spending of $108k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $160k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Donovan Creason Memorial Trust Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Chance Sobriety Ministries Inc ($160k), Caddy for a Cure Inc ($160k) and Westminster Foundation ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 65% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.