Distributive Education Clubs of America

Analysis

Distributive Education Clubs of America is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in September 1951, 75 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Distributive Education Clubs of America reported income of $9.0m and spending of $7.6m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.4m to $9.0m (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2022, when income rose by 90%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Distributive Education Clubs of America sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Ethical Community Charter School ($9.0m), Wilberforce School Inc ($9.0m) and Quality Education Academy ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $248k (3.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $12.6m against liabilities of $994k, net assets of $11.6m. It reported 37 employees.