Dima IV Inc

Analysis

Dima IV Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Dima IV Inc reported income of $114k and spending of $138k, spending 121% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $92k to $114k (+24%), an average of +4.4% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dima IV Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within DE. Charities of a similar size with the same main cause include Abcap Housing VI Incorporated ($114k), Stillwaters at Riverside ($114k) and Cardinals Peak Inc ($114k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 47% and program service revenue 50% of the total. Other salaries and wages came to $26k. At year end it held assets of $547k against liabilities of $1.2m, net assets of -$664k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.