DMG School Project Inc

Analysis

DMG School Project Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in July 2013, 13 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, DMG School Project Inc reported income of $166k and spending of $264k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $453k to $166k (-63%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, DMG School Project Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Jeannette Public Library Association ($166k), Brown Public Library ($166k) and Blue Tiger Athletics Club ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 22% of the total. Other salaries and wages came to $58k. At year end it held assets of $397k against liabilities of $3,424, net assets of $394k. It reported 4 employees.