Deep Foundations Instituteeducational Trust

Analysis

Deep Foundations Instituteeducational Trust is a registered charity in United States, based in Hawthorne, NJ. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Deep Foundations Instituteeducational Trust reported income of $351k and spending of $241k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $475k to $351k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Deep Foundations Instituteeducational Trust sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Mayland Community College Enterprise Corporation ($351k), Pakistan Children Relief ($351k) and Literacy International ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $4.7m against liabilities of $9,929, net assets of $4.7m.