Doe Fund Inc

Analysis

Doe Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1988, 38 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, Doe Fund Inc reported income of $66.4m and spending of $66.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $56.8m to $66.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Doe Fund Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Highland Springs Inc ($66.3m), Eventide ($66.5m) and Self Help Enterprises ($66.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $2.3m (3.4% of expenses). Other salaries and wages came to $31.2m. At year end it held assets of $203.0m against liabilities of $139.1m, net assets of $64.0m. It reported 661 employees.