Drma Foundation

Analysis

Drma Foundation is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Drma Foundation reported income of $403k and spending of $318k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $403k (+683%), an average of +67% a year. The sharpest change came in the year to December 2020, when income rose by 185%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Drma Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Exceptional Education Outreach Inc ($403k), Matthew House Az Inc ($403k) and Holy Family Academy ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $243k against liabilities of $12k, net assets of $231k.