Big Daisy Corp

Analysis

Big Daisy Corp is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Big Daisy Corp reported income of $275k and spending of $623k, spending 227% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $298k to $275k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 196% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Big Daisy Corp sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Lake Cumberland Housing Development Company ($275k), New Rochelle Community Housing Development Corp ($275k) and Habitat for Humanity International Inc ($275k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.4% of the total. Other salaries and wages came to $72k. At year end it held assets of $6.2m against liabilities of $9.4m, net assets of -$3.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.