Dfree Global Foundation Inc

Analysis

Dfree Global Foundation Inc is a registered charity in United States, based in Somerset, NJ. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Dfree Global Foundation Inc reported income of $309k and spending of $522k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $309k (-80%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 80%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dfree Global Foundation Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Alliance to Mobilize Our Resistance ($309k), Emmanuel Kingdom Ministries ($309k) and Buildinguate Inc ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $64k. At year end it held assets of $184k against liabilities of $96k, net assets of $88k. It reported 4 employees.