International Dominican Foundation

Analysis

International Dominican Foundation is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, International Dominican Foundation reported income of $5.0m and spending of $4.1m, spending 82% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $5.6m to $5.0m (-11%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 673%. Over the whole period it spent 20% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International Dominican Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include Word of Life International Inc ($5.0m), Soulmedic Media Group Inc ($5.0m) and Youth Outreach Ministry Inc ($5.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $61k. At year end it held assets of $39.9m against liabilities of $277k, net assets of $39.6m. It reported 7 employees.