Artiss Devolt Zacharias Charitable Trust

Analysis

Artiss Devolt Zacharias Charitable Trust is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 2003, 23 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, Artiss Devolt Zacharias Charitable Trust reported income of $91k and spending of $124k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $111k to $91k (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Artiss Devolt Zacharias Charitable Trust sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within AL. Charities of a similar size with the same main cause include Project Hope Inc ($91k), Watches for Good Inc ($91k) and Greenville Fumc Support Fund ($91k).

Compensation of current officers, directors and key employees was $31k (25% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.