Dimond Alumni Projects

Analysis

Dimond Alumni Projects is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dimond Alumni Projects reported income of $67k and spending of $87k, spending 130% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $42k to $67k (+61%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dimond Alumni Projects 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 26th percentile, and in the 21st percentile within AK. Charities of a similar size with the same main cause include Mineola Choral Society Inc ($67k), Parent Booster USA Inc ($67k) and Stanwood Elementry Caring Parents and Teachers ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.