Dannon Project

Analysis

Dannon Project is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Dannon Project reported income of $4.4m and spending of $4.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.0m to $4.4m (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dannon Project sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Bartlett Place Land Inc ($4.4m), The Work Family Connection Inc ($4.4m) and University District Service Fund ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $154k (3.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $890k against liabilities of $641k, net assets of $249k. It reported 108 employees.