Desdas Grate Inc

Analysis

Desdas Grate Inc is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Desdas Grate Inc reported income of $182k and spending of $224k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $182k (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Desdas Grate Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Motherwoman Inc ($182k), Zestos Inc ($182k) and Center for Community Lending ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $472k against liabilities of $12k, net assets of $460k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.