Shelby Cullom Davis Charitable Fund Inc
Shelby Cullom Davis Charitable Fund maintains over $2.7 billion in assets with no reported officer compensation.
EIN: 203734688 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is Shelby Cullom Davis Charitable Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shelby Cullom Davis Charitable Fund Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shelby Cullom Davis Charitable Fund Inc
Shelby Cullom Davis Charitable Fund Inc (EIN: 203734688) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $36.6B and total assets of $3.1B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shelby Cullom Davis Charitable Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shelby Cullom Davis Charitable Fund Inc is a major nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 38.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $143.7M |
| Total Expenses | $117.5M |
| Surplus / Deficit | +$26.1M |
| Total Assets | $2.7B |
| Total Liabilities | $1 |
| Net Assets | $2.7B |
| Operating Margin | 18.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 277.2 months |
Financial Health Grade: A
In 2023, Shelby Cullom Davis Charitable Fund Inc reported a surplus of $26.1M with revenue exceeding expenses, holds 277.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Shelby Cullom Davis Charitable Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +165.4% | -28.5% | +1.0% |
| 2022 | -83.4% | +6.5% | -3.9% |
| 2021 | +792.5% | +6.3% | +6.5% |
| 2020 | -59.8% | +2.5% | -4.0% |
| 2019 | +105.9% | +13.4% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Shelby Cullom Davis Charitable Fund Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Shelby Cullom Davis Charitable Fund Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led or externally managed structure, maximizing funds for charitable purposes.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Shelby Cullom Davis Charitable Fund Inc:
- Consistently high asset base, exceeding $2.7 billion in recent years, providing long-term stability.
- Zero reported officer compensation across all filings, indicating a strong commitment to directing funds to charitable activities.
- Minimal liabilities ($1 or $0 reported), reflecting excellent financial health and low debt.
- Significant growth in assets over time, from $62 million in 2011 to $2.7 billion in 2023.
- Consistent charitable expenditures (expenses between $117M and $164M in recent years) despite volatile revenue, suggesting a stable grantmaking capacity.
Frequently Asked Questions about Shelby Cullom Davis Charitable Fund Inc
Is Shelby Cullom Davis Charitable Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shelby Cullom Davis Charitable Fund Inc (EIN: 203734688) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Shelby Cullom Davis Charitable Fund Inc spend its money?
Shelby Cullom Davis Charitable Fund Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shelby Cullom Davis Charitable Fund Inc tax-deductible?
Shelby Cullom Davis Charitable Fund Inc is registered as a tax-exempt nonprofit (EIN: 203734688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Shelby Cullom Davis Charitable Fund Inc. a good charity?
Based on the available IRS 990 data, the Shelby Cullom Davis Charitable Fund Inc. appears to be a very good charity. It maintains substantial assets (over $2.7 billion in 2023), has minimal liabilities ($1 in recent years), and consistently reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How does the organization manage its expenses relative to its revenue?
The organization's expenses have been relatively stable, ranging from $117 million to $164 million in the last five years, while revenue has been highly volatile. For example, in 2022, expenses ($164M) significantly exceeded revenue ($54M), while in 2023, revenue ($143M) exceeded expenses ($117M). This suggests that the fund operates with a long-term view, drawing from its substantial asset base rather than relying solely on annual revenue for its charitable distributions.
What is the trend in the organization's assets?
The organization has shown remarkable asset growth, increasing from $62 million in 2011 to over $2.7 billion in 2023, demonstrating strong financial management and investment performance over the long term.
Filing History
IRS 990 filing history for Shelby Cullom Davis Charitable Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Shelby Cullom Davis Charitable Fund Inc's revenue has grown by 4773.6%, moving from $2.9M to $143.7M. Total assets increased by 4215% over the same period, from $62.9M to $2.7B. Total functional expenses rose by 5196.5%, from $2.2M to $117.5M. In its most recent filing year (2023), Shelby Cullom Davis Charitable Fund Inc reported a surplus of $26.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.7B in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.7B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $143.7M | $117.5M | $2.7B | $1 | — | View 990 |
| 2022 | $54.1M | $164.4M | $2.7B | $1 | — | View 990 |
| 2021 | $325.3M | $154.3M | $2.8B | $1 | — | View 990 |
| 2020 | $36.5M | $145.2M | $2.6B | $1 | — | View 990 |
| 2019 | $90.6M | $141.7M | $2.7B | $0 | — | View 990 |
| 2015 | $44.0M | $125.0M | $2.6B | $0 | — | View 990 |
| 2014 | $2.7B | $33.2M | $2.7B | $0 | — | View 990 |
| 2013 | $102.6M | $125.0M | $40.0M | $0 | — | View 990 |
| 2012 | $2.3M | $2.9M | $62.4M | $0 | — | View 990 |
| 2011 | $2.9M | $2.2M | $62.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $143.7M, expenses of $117.5M, and assets of $2.7B (revenue +165.4% year-over-year).
- 2022: Revenue of $54.1M, expenses of $164.4M, and assets of $2.7B (revenue -83.4% year-over-year).
- 2021: Revenue of $325.3M, expenses of $154.3M, and assets of $2.8B (revenue +792.5% year-over-year).
- 2020: Revenue of $36.5M, expenses of $145.2M, and assets of $2.6B (revenue -59.8% year-over-year).
- 2019: Revenue of $90.6M, expenses of $141.7M, and assets of $2.7B (revenue +105.9% year-over-year).
- 2015: Revenue of $44.0M, expenses of $125.0M, and assets of $2.6B (revenue -98.4% year-over-year).
- 2014: Revenue of $2.7B, expenses of $33.2M, and assets of $2.7B (revenue +2553.2% year-over-year).
- 2013: Revenue of $102.6M, expenses of $125.0M, and assets of $40.0M (revenue +4340.0% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.9M, and assets of $62.4M (revenue -21.6% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.2M, and assets of $62.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shelby Cullom Davis Charitable Fund Inc:
Data Sources and Methodology
This transparency report for Shelby Cullom Davis Charitable Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.