Lead DSM

Analysis

Lead DSM is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Lead DSM reported income of $302k and spending of $421k, spending 139% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $237k to $302k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lead DSM sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Victor Valley Community Services Council ($302k), The Stamford Partnership Incorporated ($302k) and Hedrick House ($302k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $99k (23% of expenses). Other salaries and wages came to $107k. At year end it held assets of $255k against liabilities of $0, net assets of $255k. It reported 3 employees.