Diabetes Foundation Inc

Analysis

Diabetes Foundation Inc is a registered charity in United States, based in Mahwah, NJ. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2023, Diabetes Foundation Inc reported income of $1.5m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.5m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Diabetes Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Alivia Care Solutions ($1.5m), Nevada Public Health Foundation Inc ($1.5m) and Hispanic Counseling and Family Services of New Jersey Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $130k (10% of expenses). Other salaries and wages came to $218k. At year end it held assets of $3.1m against liabilities of $568k, net assets of $2.5m. It reported 10 employees.