Domi Education Inc

Analysis

Domi Education Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in January 2015, 11 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 June 2023, Domi Education Inc reported income of $406k and spending of $285k, leaving 30% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income fell from $500k to $406k (-19%), an average of -4.1% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Domi Education Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($406k), Evergreen Classical School ($406k) and North Branch School ($406k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $104k (37% of expenses). Other salaries and wages came to $62k. At year end it held assets of $412k against liabilities of $15k, net assets of $397k. It reported 10 employees.