Damascus Way Re-Entry Center Inc

Analysis

Damascus Way Re-Entry Center Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 March 2024, Damascus Way Re-Entry Center Inc reported income of $3.3m and spending of $2.7m, spending 82% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.0m to $3.3m (+64%), an average of +13% a year. The sharpest change came in the year to March 2024, when income rose by 49%. Over the whole period it spent 81% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Damascus Way Re-Entry Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Fair Elections Center ($3.3m), Blue Ridge Legal Services Inc ($3.3m) and U-Turn Foundation ($3.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $120k (4.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.7m against liabilities of $1.8m, net assets of $2.9m. It reported 34 employees.