Dare Direct Action for Rights & Equality Inc

Analysis

Dare Direct Action for Rights & Equality Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Dare Direct Action for Rights & Equality Inc reported income of $746k and spending of $497k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $310k to $746k (+141%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dare Direct Action for Rights & Equality Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within RI. Charities of a similar size with the same main cause include Camden County Workforce Development Board Inc ($746k), Greater Waukegan Development Coalition ($747k) and Phelps County Industrial Solutions ($746k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $66k (13% of expenses). Other salaries and wages came to $211k. At year end it held assets of $812k against liabilities of $4,066, net assets of $807k. It reported 7 employees.