Army Distaff Foundation Inc

Analysis

Army Distaff Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Army Distaff Foundation Inc reported income of $25.2m and spending of $26.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.2m to $25.2m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Army Distaff Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 94th percentile within DC. Charities of a similar size with the same main cause include Alternative Services-Or Inc ($25.1m), Northwest New Jersey Community Action Program Inc ($25.2m) and Phi ($25.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $539k (2.1% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $38.2m against liabilities of $51.3m, net assets of -$13.2m. It reported 187 employees.