Ddx3x Foundation

Analysis

Ddx3x Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Ddx3x Foundation reported income of $272k and spending of $723k, spending 266% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $150k to $272k (+81%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 131%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ddx3x Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 55th percentile within DE. Charities of a similar size with the same main cause include Reynolds Memorial Foundation Inc ($272k), Prodigal House Inc ($272k) and Sickle Cell Foundation of Arizona Inc ($272k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $146k. At year end it held assets of $314k against liabilities of $12k, net assets of $302k. It reported 2 employees.