Daybreak Development Corporation

Analysis

Daybreak Development Corporation is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Daybreak Development Corporation reported income of $475k and spending of $476k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $475k (+70%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Daybreak Development Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Resonate Workshops ($475k), Hosean International Ministries Inc ($475k) and 41 & Change ($475k).

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 $22k (4.6% of expenses). Other salaries and wages came to $108k. At year end it held assets of $215k against liabilities of $5,558, net assets of $210k. It reported 4 employees.