Dumbo District Management Association Inc

Analysis

Dumbo District Management Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dumbo District Management Association Inc reported income of $1.5m and spending of $1.7m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.5m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Dumbo District Management Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Fire Department Safety Officers Association ($1.5m), Dingman Township Voluteer Fire Dept ($1.5m) and Takecare Relief Fund Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $239k (14% of expenses). Other salaries and wages came to $261k. At year end it held assets of $359k against liabilities of $114k, net assets of $246k. It reported 3 employees.

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.