Diaper Train Inc

Analysis

Diaper Train Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 2002, 24 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 December 2023, Diaper Train Inc reported income of $441k and spending of $519k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $441k (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Diaper Train Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Met Ed Co ($441k), Mid-Atlantic Pathwork Inc ($441k) and Prairie Trail Federation Inc ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $75k (14% of expenses). Other salaries and wages came to $35k. At year end it held assets of $561k against liabilities of $17k, net assets of $545k. It reported 3 employees.

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.