DRG Foundation

Analysis

DRG Foundation is a registered charity in United States, based in Corte Madera, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, DRG Foundation reported income of $319k and spending of $376k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.1m to $319k (-94%), an average of -50% a year. The sharpest change came in the year to December 2022, when income rose by 210%. Over the whole period it spent 14% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, DRG Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include South County Community Services ($319k), Big Brothers-Big Sisters of Marquette County Inc ($319k) and Missouri Congress of Parents and Teachers ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $7.7m against liabilities of $0, net assets of $7.7m.