Dayone Pact

Analysis

Dayone Pact is a registered charity in United States, based in Lisle, IL. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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 June 2023, Dayone Pact reported income of $5.6m and spending of $5.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.5m to $5.6m (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2020, when income dropped by 40%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dayone Pact sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Samuel M and Helene Soref Jewish Co Mmunity Center Inc ($5.6m), Boys and Girls of North Lake Tahoe ($5.6m) and Americans for Financial Reform Education Fund ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $261k (4.7% of expenses). At year end it held assets of $3.1m against liabilities of $2.6m, net assets of $461k. It reported 89 employees.