DGN III Inc

Analysis

DGN III Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2010, 16 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, DGN III Inc reported income of $984k and spending of $1.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $896k to $984k (+9.8%), an average of +2.4% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, DGN III Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Abundant Housing LA Education Fund ($984k), McGraw Housing Company Inc ($984k) and Stryker Housing Development Fund Co Inc ($983k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $8.1m against liabilities of $8.1m, net assets of $18k.