Double Helix Corporation

Analysis

Double Helix Corporation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 1972, 54 years ago. 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 December 2023, Double Helix Corporation reported income of $940k and spending of $1.3m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $940k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income rose by 119%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Double Helix Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include St Lukes McCall Foundation Inc ($940k), Fremont Community School ($941k) and Hope Ignites Southern California ($940k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $106k (8.4% of expenses). Other salaries and wages came to $499k. At year end it held assets of $2.3m against liabilities of $2.2m, net assets of $64k. It reported 7 employees.