Friends of Danada Inc

Analysis

Friends of Danada Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2024, Friends of Danada Inc reported income of $659k and spending of $526k, leaving 20% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $499k to $659k (+32%), an average of +7.2% a year. The sharpest change came in the year to March 2022, when income rose by 172%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Danada Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Eastern North American Region of the Biometric Society P O Box 269 ($659k), Friends of the Park Inc ($659k) and Issue Project Room Incorporated ($659k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $213k. At year end it held assets of $1.1m against liabilities of $4,134, net assets of $1.1m. It reported 6 employees.