Don Carey Reech Foundation

Analysis

Don Carey Reech Foundation is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Don Carey Reech Foundation reported income of $54k and spending of $53k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $57k to $54k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to August 2022, when income rose by 403%. Over the whole period it spent 63% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Don Carey Reech Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include Friends of Ohio 4-H Shooting Sports ($53k), Chandler Horizon Rotary Foundation ($54k) and Kirk Horn Music Fund ($53k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.