DDW LLC

Analysis

DDW LLC is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in April 2018, 8 years ago. 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 August 2023, DDW LLC reported income of $15.8m and spending of $7.3m, leaving 54% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $13.0m to $15.8m (+21%), an average of +4.9% a year. The sharpest change came in the year to August 2021, when income rose by 2124%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, DDW LLC sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Spiritrust Lutheran Home Care & Hospice ($15.8m), All Care Vna of Greater Lynn Inc ($15.8m) and Ravenwood Mental Health Center ($15.8m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $7,500 (0.1% of expenses). At year end it held assets of $7.1m against liabilities of $7.1m, net assets of $0.