Dragonsprouts

Analysis

Dragonsprouts is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Dragonsprouts reported income of $70k and spending of $17k, leaving 76% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $31k to $70k (+122%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 119%. Over the whole period it spent 120% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dragonsprouts sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Blue Ribbon Club ($70k), Batting for Kids Inc ($70k) and Village Youth & Family Center Incorporated ($70k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.