De Molenwiek Inc

Analysis

De Molenwiek Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, De Molenwiek Inc reported income of $63k and spending of $89k, spending 140% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $65k to $63k (-2.7%), an average of -2.7% a year. Over the whole period it spent 133% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, De Molenwiek Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within GA. Charities of a similar size with the same main cause include Utd Teaching Excellence Foundation Inc ($63k), Needham High School Parent Teacher Council Trust ($63k) and Silicon Valley Cybersecurity Institute ($63k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 57% of the total. At year end it held assets of $177k against liabilities of $1,553, net assets of $175k.