Duke Allmo Services Inc

Analysis

Duke Allmo Services Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Duke Allmo Services Inc reported income of $3.0m and spending of $3.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $3.0m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Duke Allmo Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Institute Foundation Inc ($3.0m), Peru State College Foundation Inc ($3.0m) and Learning Center at Pipers Hill Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $2.8m against liabilities of $2.8m, net assets of $0.