Daemion Counseling Center

Analysis

Daemion Counseling Center is a registered charity in United States, based in Berwyn, PA. It received its IRS tax-exemption ruling in December 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Daemion Counseling Center reported income of $218k and spending of $215k, spending 99% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $192k to $218k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income rose by 151%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daemion Counseling Center sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Minerva Area Commission on Aging Inc ($218k), Bachman Memorial Home Inc ($218k) and Kettleman City Foundation ($218k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $98k (46% of expenses). Other salaries and wages came to $16k. At year end it held assets of $331k against liabilities of $11k, net assets of $319k. It reported 7 employees.