Disc Village Foundation Inc

Analysis

Disc Village Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Disc Village Foundation Inc reported income of $1.1m and spending of $839k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.1m (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Disc Village Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Friends of Volunteers in Medicine Clinic Inc ($1.1m), Womens Foundation of North Carolina ($1.1m) and Florida Firefighters Charities TR ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% of the total. Compensation of current officers, directors and key employees was $200k (24% of expenses). Other salaries and wages came to $72k. At year end it held assets of $20.2m against liabilities of $15k, net assets of $20.2m. It reported 3 employees.