David a Burke Foundation Inc

Analysis

David a Burke Foundation Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in August 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 (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, David a Burke Foundation Inc reported income of $192k and spending of $63k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $192k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, David a Burke Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Neuropsychoanalysis Foundation ($192k), KSL Charities and Scholarships ($192k) and Gujarati Samaj of Northeast Florida Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 137% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.