Deyarmin Foundation

Analysis

Deyarmin Foundation is a registered charity in United States, based in Stow, OH. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Deyarmin Foundation reported income of $89k and spending of $37k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $17k to $89k (+437%), an average of +437% a year. The sharpest change came in the year to December 2023, when income rose by 437%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Deyarmin Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include The Valley of Change ($89k), Rhode Island Dream Center ($89k) and Anchorage Home Builders Care Endowment Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $183k against liabilities of $1,301, net assets of $182k.