Task Force Dagger Foundation

Analysis

Task Force Dagger Foundation is a registered charity in United States, based in Terra Ceia, FL. It received its IRS tax-exemption ruling in September 2014, 12 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 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, Task Force Dagger Foundation reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.3m (+25%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 178%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Task Force Dagger Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Brees Dream Foundation ($1.3m), Louis a Fincke-Anna B Shine Memorial Endowment Fund ($1.3m) and Fauna & Flora International USA Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $65k (5.1% of expenses). Other salaries and wages came to $104k. At year end it held assets of $1.2m against liabilities of $66k, net assets of $1.1m. It reported 4 employees.