Delta Projects Inc

Analysis

Delta Projects Inc is a registered charity in United States, based in Dedham, MA. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Delta Projects Inc reported income of $35.8m and spending of $34.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.2m to $35.8m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Delta Projects Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include The Ounce of Prevention Fund of Florida Inc ($35.8m), Cornwall Manor ($35.9m) and Childnet Youth and Family Services Inc ($35.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $402k (1.2% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $28.4m against liabilities of $12.0m, net assets of $16.4m. It reported 459 employees.