Davis Center Community Foundation

Analysis

Davis Center Community Foundation is a registered charity in United States, based in Parksley, VA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Davis Center Community Foundation reported income of $112k and spending of $93k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $112k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Davis Center Community Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include South Pittsburg Area Revitalization Quest ($112k), Assets Toledo ($112k) and Sandplay Therapists of America Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. At year end it held assets of $38k against liabilities of $3,578, net assets of $34k.