The Degen Foundation

Analysis

The Degen Foundation is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, The Degen Foundation reported income of $774k and spending of $588k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $435k to $774k (+78%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 382%. Over the whole period it spent 37% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Degen Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within AR. Charities of a similar size with the same main cause include Sista Afya Community Care NFP ($774k), Cindis Hope Inc ($774k) and Horizon Pregnancy Center ($774k).

At year end it held assets of $13.9m against liabilities of $102k, net assets of $13.8m.