Dovetail Sip Inc

Analysis

Dovetail Sip Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dovetail Sip Inc reported income of $412k and spending of $287k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $709k to $412k (-42%), an average of -13% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dovetail Sip Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CT. Charities of a similar size with the same main cause include Mainstream Inc ($412k), Housing and Assistive Technology Inc ($412k) and Tensas Council on the Aging Inc ($412k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $151k against liabilities of $6,762, net assets of $144k.