Direct Selling Education Foundation

Analysis

Direct Selling Education Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1973, 53 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Direct Selling Education Foundation reported income of $588k and spending of $1.3m, spending 223% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $588k (-59%), an average of -20% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Direct Selling Education Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 46th percentile within DC. Charities of a similar size with the same main cause include Anne Arundel Conflict Resolution Center Inc ($588k), Success Unlimited Inc ($588k) and Illinois City Management Association ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $316k (24% of expenses). Other salaries and wages came to $236k. It paid $1,125 in professional fundraising fees. At year end it held assets of $9.3m against liabilities of $143k, net assets of $9.1m. It reported 4 employees.