Doug & Carla Salmon Foundation Inc

Analysis

Doug & Carla Salmon Foundation Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in December 2002, 24 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, Doug & Carla Salmon Foundation Inc reported income of $327k and spending of $351k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $350k to $327k (-6.7%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 2885%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Doug & Carla Salmon Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Blackacre Conservancy Inc ($326k), Florida State Fair Foundation Inc ($327k) and Montecito Community Foundation ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $6,745 (1.9% of expenses). Other salaries and wages came to $1,854. At year end it held assets of $799k against liabilities of $226k, net assets of $573k.