Donorschoose Org
Analysis
Donorschoose Org is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Donorschoose Org reported income of $187.3m and spending of $175.6m, spending 94% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $148.9m to $187.3m (+26%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Donorschoose Org 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 100th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Franklin & Marshall College ($187.0m), Lewis University ($189.0m) and St Francis College ($186.9m).
On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2.2m (1.2% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $131.3m against liabilities of $2.4m, net assets of $128.9m. It reported 194 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Franklin & Marshall College | Lancaster | $187.0m |
| Lewis University | Romeoville | $189.0m |
| St Francis College | Brooklyn | $186.9m |
| Calvin University | Grand Rapids | $190.9m |