Data-Driven Economic Strategies Inc

Analysis

Data-Driven Economic Strategies Inc is a registered charity in United States, based in Monument, CO. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Data-Driven Economic Strategies Inc reported income of $410k and spending of $375k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $410k (-75%), an average of -29% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Data-Driven Economic Strategies Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Civic Theatre of Greater Lafayette Inc ($410k), Art As Mentorship Inc ($410k) and California Women Lead ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $213k (57% of expenses). Other salaries and wages came to $100k. At year end it held assets of $119k against liabilities of $16k, net assets of $103k. It reported 3 employees.