DGN Inc

Analysis

DGN Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, DGN Inc reported income of $961k and spending of $948k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $884k to $961k (+8.7%), an average of +2.1% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, DGN Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Rehoboth AFC Inc ($961k), Housing Link ($961k) and Yarock Memorial Housing Inc ($961k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $4.5m against liabilities of $4.6m, net assets of -$129k.