Darchei David Foundation

Analysis

Darchei David Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1987, 39 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 June 2023, Darchei David Foundation reported income of $2.7m and spending of $3.5m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.7m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Darchei David Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Arizona State University Alumni Association ($2.7m), Cathedral Plaza Inc ($2.7m) and Charles Humphrey Keating IV Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.