The Den Collective Inc

Analysis

The Den Collective Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in August 2016, 10 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 May 2024, The Den Collective Inc reported income of $530k and spending of $444k, spending 84% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $432k to $530k (+23%), an average of +5.2% a year. The sharpest change came in the year to May 2022, when income rose by 91%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Den Collective Inc 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 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Charles Crest Corporation ($530k), Kings and Priests Ministries ($530k) and Light of the World Worship Center ($530k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $187k (42% of expenses). Other salaries and wages came to $170k. At year end it held assets of $324k against liabilities of $1,832, net assets of $322k. It reported 4 employees.