Dima IX Inc

Analysis

Dima IX Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover mental health and crisis intervention, 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 February 2024, Dima IX Inc reported income of $73k and spending of $87k, spending 120% of what it took in. Across the 6 years on record, from February 2019 to February 2024, income grew from $61k to $73k (+19%), an average of +3.5% a year. Over the whole period it spent 132% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dima IX Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within DE. Charities of a similar size with the same main cause include People for the Poor Inc ($73k), Toxoplasmosis Research Institute ($73k) and Buffalo AIDS Plus Fund-Wny Inc ($73k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $15k. At year end it held assets of $498k against liabilities of $898k, net assets of -$400k.

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.