Dragg Inc

Analysis

Dragg Inc is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Dragg Inc reported income of $286k and spending of $222k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $286k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 93% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Dragg Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Eastern Pregnancy Information Clinic ($286k), Rhode Island Lesbian and Gay Pride Committee Inc ($286k) and Georgia Tactical Officers Association Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Other salaries and wages came to $65k. At year end it held assets of $275k against liabilities of $0, net assets of $275k. It reported 3 employees.