George S and Dolores Dore Eccles Endowment for Medical School Excel

Analysis

George S and Dolores Dore Eccles Endowment for Medical School Excel is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, George S and Dolores Dore Eccles Endowment for Medical School Excel reported income of $1.7m and spending of $1.1m, leaving 33% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $38.2m to $1.7m (-96%), an average of -79% a year. The sharpest change came in the year to June 2024, when income rose by 103%. Over the whole period it spent 4.2% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, George S and Dolores Dore Eccles Endowment for Medical School Excel sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within UT. Charities of a similar size with the same main cause include Student Organizations and Journals of Harvard Law School Inc ($1.7m), Minarys Dream Alliance ($1.7m) and Poetry Community Christian School ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% of the total. At year end it held assets of $42.5m against liabilities of $0, net assets of $42.5m.