By Degrees Foundation

Analysis

By Degrees Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in March 1990, 36 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 June 2023, By Degrees Foundation reported income of $768k and spending of $720k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $945k to $768k (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, By Degrees Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include St Helens Senior Center ($768k), Minnesota Horse Exposition Inc ($768k) and Community Educational Outreach ($768k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $106k (15% of expenses). Other salaries and wages came to $339k. At year end it held assets of $424k against liabilities of $0, net assets of $424k. It reported 6 employees.