Davey Obrien Educational & Charitable Trust

Analysis

Davey Obrien Educational & Charitable Trust is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 1979, 47 years ago. 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 March 2024, Davey Obrien Educational & Charitable Trust reported income of $327k and spending of $362k, spending 110% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $316k to $327k (+3.4%), an average of +0.7% a year. The sharpest change came in the year to March 2022, when income rose by 279%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davey Obrien Educational & Charitable Trust sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Society for Cryobiology Inc ($327k), New Community Roseville Towers Housing Corp ($327k) and Laborers of the Harvest ($327k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 122% of the total. Compensation of current officers, directors and key employees was $114k (32% of expenses). Other salaries and wages came to $85k. At year end it held assets of $1.7m against liabilities of $281k, net assets of $1.4m. It reported 5 employees.