Dimond Improvement Association

Analysis

Dimond Improvement Association is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Dimond Improvement Association reported income of $133k and spending of $132k, spending 99% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $82k to $133k (+62%), an average of +13% a year. The sharpest change came in the year to March 2023, when income rose by 203%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dimond Improvement Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Junior Service Guild of Marion County Ohio ($133k), Helper Project ($133k) and Mission Beach Womens Club Foundation ($133k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 58% and program service revenue 3.8% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.