Dragons Den

Analysis

Dragons Den is a registered charity in United States, based in Homestead, PA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Dragons Den reported income of $619k and spending of $601k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $585k to $619k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dragons Den sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Coon Rapids Soccer Association ($619k), Once Upon a Room Inc ($620k) and Claremont Stars Soccer Club Inc ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 16% of the total. Other salaries and wages came to $231k. At year end it held assets of $564k against liabilities of $84k, net assets of $480k. It reported 33 employees.