Damian Maldonado Memorial Foundation Inc

Analysis

Damian Maldonado Memorial Foundation Inc is a registered charity in United States, based in Saint Helena, CA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Damian Maldonado Memorial Foundation Inc reported income of $69k and spending of $50k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $69k (-14%), an average of -14% a year. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Damian Maldonado Memorial Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Whitehouse Community Library Inc ($69k), Association for Supervision and Curriculum Development ($69k) and Prince of Peace School Foundation ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.