David M Crowley Foundation

Analysis

David M Crowley Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 1991, 35 years ago. 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, David M Crowley Foundation reported income of $6.2m and spending of $7.6m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $6.2m (+2.9%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 169%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, David M Crowley Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include National Credit Union Foundation Inc ($6.2m), Cruden Bay Risk Retention Group Inc ($6.2m) and Jackson-Vinton Community Action Inc ($6.2m).

Compensation of current officers, directors and key employees was $550k (7.3% of expenses). Other salaries and wages came to $239k. At year end it held assets of $146.3m against liabilities of $5.7m, net assets of $140.6m. It reported 3 employees.