Im From Driftwood Inc

Analysis

Im From Driftwood Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Im From Driftwood Inc reported income of $218k and spending of $276k, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $221k to $218k (-1.4%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 114% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Im From Driftwood Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Police Foundation - Arlington TX ($217k), Community Environmental Legal Defense Fund ($218k) and Voices for Children of North Central Florida Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $97k (35% of expenses). Other salaries and wages came to $85k. At year end it held assets of $8,969 against liabilities of $0, net assets of $8,969. It reported 2 employees.