Distributive Education Clubs of America Group Return

Analysis

Distributive Education Clubs of America Group Return is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in September 1951, 75 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Distributive Education Clubs of America Group Return reported income of $39.3m and spending of $37.4m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $28.9m to $39.3m (+36%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 223%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Distributive Education Clubs of America Group Return sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Plato Academy Schools Corporation ($39.2m), Elmira College ($39.3m) and University of Nashville Montgomery Bell Academy ($39.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $570k (1.5% of expenses). Other salaries and wages came to $466k. At year end it held assets of $15.4m against liabilities of $0, net assets of $15.4m. It reported 15 employees.