Depaul Group Inc

Analysis

Depaul Group Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Depaul Group Inc reported income of $2.2m and spending of $2.6m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.2m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Depaul Group Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include National Church Residences of Brick NJ Urban Renewal Housing Corporat ($2.2m), Senior Nutrition Services Region IV Inc ($2.2m) and Life Coast Community Health Center Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 64% of the total. Other salaries and wages came to $776k. At year end it held assets of $13.1m against liabilities of $14.2m, net assets of -$1.0m. It reported 84 employees.