Allan Dreibrodt Memorial Foundation

Analysis

Allan Dreibrodt Memorial Foundation is a registered charity in United States, based in Seguin, TX. It received its IRS tax-exemption ruling in June 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Allan Dreibrodt Memorial Foundation reported income of $109k and spending of $75k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $109k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Allan Dreibrodt Memorial Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Mayor Cohens Charity Fund ($109k), Until They Know ($109k) and Webster Community Chest Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.