Direct Establishment

Analysis

Direct Establishment is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Direct Establishment reported income of $92k and spending of $88k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $72k to $92k (+27%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Direct Establishment sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Junior League of the Emerald Coast Inc ($92k), Rediscover Downtown Peru Inc ($92k) and Occupational Development Centerfoundation ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,300 against liabilities of $0, net assets of $5,300.