Dcu for Kids

Analysis

Dcu for Kids is a registered charity in United States, based in Marlborough, MA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Dcu for Kids reported income of $2.6m and spending of $2.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.8m to $2.6m (-71%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dcu for Kids sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Learningquest-Stanislaus Literacy Centers ($2.6m), Virginia Community Foundation ($2.6m) and Illinois Network of Centers for Independent Living ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $5.3m against liabilities of $189k, net assets of $5.1m.