Daesalim USA

Analysis

Daesalim USA is a registered charity in United States, based in Cherry Valley, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Daesalim USA reported income of $447k and spending of $360k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $525k to $447k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income rose by 288%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daesalim USA sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Ruth House Ministries Inc ($447k), Sai Durga Shiva Vishnu Mandir ($447k) and Sephardic Community Dayanut Program Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $125k. At year end it held assets of $2.2m against liabilities of $210k, net assets of $2.0m. It reported 2 employees.