Downing Street Foundation

Analysis

Downing Street Foundation is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in March 1987, 39 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 (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, Downing Street Foundation reported income of $519k and spending of $571k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $476k to $519k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Downing Street Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Greener Pastures Foundation ($519k), Unlimited Future Incorporated ($519k) and Luskin Family Foundation Inc ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $85k (15% of expenses). Other salaries and wages came to $163k. At year end it held assets of $7.8m against liabilities of $17k, net assets of $7.7m. It reported 5 employees.

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.