Diakonia Inc

Analysis

Diakonia Inc is a registered charity in United States, based in Ocean City, MD. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Diakonia Inc reported income of $2.4m and spending of $2.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.4m (+93%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Diakonia Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Family Violence Project ($2.4m), YWCA of Greater Flint ($2.4m) and Domestic Violence Solutions for Santa Barbara County ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $64k (2.8% of expenses). Other salaries and wages came to $897k. At year end it held assets of $2.6m against liabilities of $77k, net assets of $2.5m. It reported 52 employees.