Draugas Foundation

Analysis

Draugas Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Draugas Foundation reported income of $184k and spending of $104k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $184k (+179%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Draugas Foundation sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Bridge Christian Fellowship ($184k), Psalm 91 at the Potters Place ($184k) and Practice Collective ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $817k against liabilities of $0, net assets of $817k.