Dragon Master Initiative Inc
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
Where the income comes from
- Contributions & grants 25%
- Other 75%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Truth Pharm Inc | Binghamton | $399k |
| Tomorrows Hope Pregnancy Medical Clinic | Paris | $399k |
| Ardsley-Secor Volunteer Ambulance Corps Inc | Ardsley | $399k |
| Nine Gates Programs Inc | Loomis | $399k |