Drug Free America Foundation Inc

Analysis

Drug Free America Foundation Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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 September 2023, Drug Free America Foundation Inc reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $636k to $1.2m (+89%), an average of +17% a year. The sharpest change came in the year to September 2022, when income rose by 74%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Drug Free America Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Williamsburg Music Association ($1.2m), Joy of Living Recovery Program Inc ($1.2m) and Together Louisiana ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $88k (7.2% of expenses). Other salaries and wages came to $195k. At year end it held assets of $1.0m against liabilities of $39k, net assets of $999k. It reported 5 employees.