Foundation to Eradicate Duchenne Inc

Analysis

Foundation to Eradicate Duchenne Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover medical research, 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 December 2023, Foundation to Eradicate Duchenne Inc reported income of $827k and spending of $640k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $762k to $827k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation to Eradicate Duchenne Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Tift General Hospital Foundation Inc ($827k), Care Health Services Inc ($827k) and Grace Science Foundation ($827k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. It paid $90k in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $148k, net assets of $883k.