DRKB Inc

Analysis

DRKB Inc is a registered charity in United States, based in Milford, CT. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, 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 2024, DRKB Inc reported income of $331k and spending of $332k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $316k to $331k (+4.8%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, DRKB Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include Our Lady of Keaau ($331k), Haccc Casa Del Rio Inc ($331k) and Platte County Economic Development Council Incorporated ($331k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $4,423 against liabilities of $0, net assets of $4,423.