Donation Nation Inc

Analysis

Donation Nation Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in February 2012, 14 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 2023, Donation Nation Inc reported income of $1.2m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $396k to $1.2m (+196%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Donation Nation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Hunger Intervention Program ($1.2m), North East Westchester Special Recreation Inc ($1.2m) and Irvine Adult Day Health Services Inc ($1.2m).

Compensation of current officers, directors and key employees was $83k (7.3% of expenses). Other salaries and wages came to $70k. At year end it held assets of $45k against liabilities of $105k, net assets of -$60k. It reported 12 employees.