Association of Diabetes Care & Education Specialists Foundation

Analysis

Association of Diabetes Care & Education Specialists Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1989, 37 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 December 2023, Association of Diabetes Care & Education Specialists Foundation reported income of $75k and spending of $225k, spending 299% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $96k to $75k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2022, when income rose by 125%. Over the whole period it spent 147% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Diabetes Care & Education Specialists Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Southern California Council of Chinese Schools ($75k), Parent Booster USA Inc ($75k) and Lawrence Christian Center Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $4,872. At year end it held assets of $689k against liabilities of $77k, net assets of $612k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.