Daniel Memorial Inc

Analysis

Daniel Memorial Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Daniel Memorial Inc reported income of $20.2m and spending of $20.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.2m to $20.2m (+5.1%), an average of +1.3% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Daniel Memorial Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Bethany Lutheran Home ($20.2m), Wyckoff Professional Medical Services PC ($20.2m) and Regional Center for Border Health Inc ($20.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $661k (3.3% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $4.8m against liabilities of $1.3m, net assets of $3.5m. It reported 431 employees.