Daffy Charitable Fund
221 Main St Unit 2061, Los Altos, CA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $197,184,036 | $40,201,570 | $334,188,937 |
| FY2023 | $104,423,818 | $9,746,992 | $136,145,953 |
| FY2022 | $18,765,502 | $3,659,381 | $20,186,381 |
| FY2021 | $9,459,488 | $224,321 | $9,088,063 |
Form 990 filings
The returns filed by Daffy Charitable Fund (EIN 86-3177440), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $194,043,157 | 98% |
| Program service revenue | $0 | 0% |
| Other revenue | $3,140,879 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $40,147,080 | 100% |
| Management & general | $6,850 | <1% |
| Fundraising | $47,640 | <1% |
What the numbers show
- Contributions & grants made up 98% of total revenue in FY2024.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2024. That is higher than 93.9% of 115 Philanthropy, Voluntarism & Grantmaking Foundations organizations in CA.
- Net assets covered about 99.8 months of expenses at the end of the reporting year. That puts it in the 49th percentile among 6903 Philanthropy, Voluntarism & Grantmaking Foundations organizations in CA.
- Total revenue was higher than 99.7% of 7106 Philanthropy, Voluntarism & Grantmaking Foundations organizations in CA.
- Total revenue rose from $9,459,488 in FY2021 to $197,184,036 in FY2024. Revenue increased in 3 and decreased in 0 of 3 year-over-year comparisons.
- Revenue covered expenses in each of the 4 reported years, FY2021 to FY2024.
- Net assets grew from $9,088,063 to $334,188,937 between FY2021 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Daffy Charitable Fund's mission is to help people be more generous, more often.
IRS status
| Ruling year | 2021 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T30 — Philanthropy, Voluntarism & Grantmaking Foundations (in CA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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