Duke Global Inc

Analysis

Duke Global Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Duke Global Inc reported income of $6.9m and spending of $6.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.5m to $6.9m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 112%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Duke Global Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Valley Achievement Center ($6.9m), Discovery Academy ($6.9m) and The Prentice School ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $1.4m against liabilities of $362k, net assets of $1.0m.