Davidson Nicely Associate Assistance Fund

Analysis

Davidson Nicely Associate Assistance Fund is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in September 2017, 9 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, Davidson Nicely Associate Assistance Fund reported income of $423k and spending of $873k, spending 206% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $423k (+329%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 596%. Over the whole period it spent 215% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Davidson Nicely Associate Assistance Fund sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include United Way of Calhoun County ($423k), The Relational Center ($423k) and Fund for the Guggenheim Fellowships ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $49.3m against liabilities of $95k, net assets of $49.2m.

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.