Difference Principle Inc

Analysis

Difference Principle Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 2014, 12 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, Difference Principle Inc reported income of $2.8m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.8m (+97%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Difference Principle Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Bring on the Music Inc ($2.8m), Eagle Ridge Academy Affiliated Building Company ($2.8m) and Gateway Middle School ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.3m (48% of expenses). Other salaries and wages came to $685k. At year end it held assets of $2.1m against liabilities of $885k, net assets of $1.2m. It reported 21 employees.