Duo Center Inc

Analysis

Duo Center Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2022, Duo Center Inc reported income of $267k and spending of $232k, spending 87% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $193k to $267k (+38%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Duo Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include House of Hope Midwest ($267k), Elk Grove Hart Home Assistance Resource Team ($267k) and Casa Juan Bosco Inc ($267k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $41k (18% of expenses). At year end it held assets of $103k against liabilities of $11k, net assets of $93k. It reported 1 employees.