Da Vinci Center for Community Progress Inc

Analysis

Da Vinci Center for Community Progress Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in April 1974, 52 years ago. 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 December 2023, Da Vinci Center for Community Progress Inc reported income of $440k and spending of $542k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $440k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Da Vinci Center for Community Progress Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within RI. Charities of a similar size with the same main cause include Law Advocates ($440k), Orinda Baseball Association ($441k) and Don Monti Memorial Research Foundation ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. Other salaries and wages came to $228k. At year end it held assets of $200k against liabilities of $129k, net assets of $71k. It reported 12 employees.