Dhvani Foundation

Analysis

Dhvani Foundation is a registered charity in United States, based in Saint Charles, MO. It received its IRS tax-exemption ruling in October 2015, 11 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 2023, Dhvani Foundation reported income of $154k and spending of $101k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $118k to $154k (+31%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dhvani Foundation sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MO. Charities of a similar size with the same main cause include Save a Youth Oc Inc ($154k), Deeper Waters Ministry ($154k) and Self Start ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. At year end it held assets of $256k against liabilities of $0, net assets of $256k.