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Dragon Master Initiative Inc

RegisteredEIN 46-2847688Windermere, FLHealth and saving lives
Income$399k2023-12
Spending$302ksame year
Spent / received82%4-year average
Size in its cause51st pctHealth and saving lives
Exempt since2014Publicly supported organisat
Employees0latest return

Analysis

Dragon Master Initiative Inc is a registered charity in United States, based in Windermere, FL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Dragon Master Initiative Inc reported income of $399k and spending of $302k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $293k to $399k (+36%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dragon Master Initiative 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 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Truth Pharm Inc ($399k), Tomorrows Hope Pregnancy Medical Clinic ($399k) and Ardsley-Secor Volunteer Ambulance Corps Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $295k against liabilities of $0, net assets of $295k.

Income and spending

$0$100k$200k$300k$399k2020 Income: $292,8812020 Spending: $219,67320202021 Income: $277,7462021 Spending: $169,23120212022 Income: $168,0432022 Spending: $238,61120222023 Income: $399,3812023 Spending: $302,2722023
IncomeSpending

Where the income comes from

  • Contributions & grants 25%
  • Other 75%

Similar-sized charities, same cause

CharityLocationIncome
Truth Pharm IncBinghamton$399k
Tomorrows Hope Pregnancy Medical ClinicParis$399k
Ardsley-Secor Volunteer Ambulance Corps IncArdsley$399k
Nine Gates Programs IncLoomis$399k