Damien Cares

Analysis

Damien Cares is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Damien Cares reported income of $10.3m and spending of $6.5m, leaving 37% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.1m to $10.3m (+389%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Damien Cares sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include United Cerebral Palsy Association of Greater Cleveland Inc ($10.3m), CHC Community LLC ($10.3m) and Great Plains of Ottawa Co Inc ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $177k (2.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $4.4m against liabilities of $4.4m, net assets of $0. It reported 40 employees.