Delaware Financial Education Allian

Analysis

Delaware Financial Education Allian is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 May 2024, Delaware Financial Education Allian reported income of $643k and spending of $528k, spending 82% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $689k to $643k (-6.6%), an average of -1.7% a year. The sharpest change came in the year to May 2021, when income dropped by 28%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaware Financial Education Allian sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within DE. Charities of a similar size with the same main cause include Judges and Lawyers Breast Cancer Alert Inc ($643k), Osteopathic Foundation of West Michigan ($644k) and Brave New Films 501 C 3 ($643k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 8.8% and program service revenue 85% of the total. At year end it held assets of $856k against liabilities of $10k, net assets of $846k.