Diamond Youth Foundation

Analysis

Diamond Youth Foundation is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in April 1980, 46 years ago. 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 September 2023, Diamond Youth Foundation reported income of $104k and spending of $73k, leaving 30% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $62k to $104k (+68%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 401%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Diamond Youth Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Little League Baseball Inc ($104k), Cookstove Project Inc ($104k) and Industrial & Commercial Ministries Inc ($104k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $279k against liabilities of $0, net assets of $279k.