Dpao Foundation Inc

Analysis

Dpao Foundation Inc is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Dpao Foundation Inc reported income of $60k and spending of $164k, spending 271% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $312k to $60k (-81%), an average of -42% a year. The sharpest change came in the year to December 2021, when income rose by 1175%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dpao Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Madison Farm ($60k), Prince Georges Senior Provider Network ($60k) and Destiny of Greenwood Inc ($60k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 747% of the total. At year end it held assets of $1.0m against liabilities of $29k, net assets of $986k.