H Douglas Weaver Perpetual Charitable Trust

Analysis

H Douglas Weaver Perpetual Charitable Trust is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2020, 6 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 (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, H Douglas Weaver Perpetual Charitable Trust reported income of $284k and spending of $208k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $13k to $284k (+2030%), an average of +115% a year. The sharpest change came in the year to December 2020, when income dropped by 3069%. Over the whole period it spent 408% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, H Douglas Weaver Perpetual Charitable Trust sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Anondo Fund Inc ($284k), The Jewish Federation of Central California ($285k) and Willamette Valley Cancer Foundation ($284k).

Compensation of current officers, directors and key employees was $39k (19% of expenses). At year end it held assets of $5.2m against liabilities of $0, net assets of $5.2m.