Damascus Road Project Incorporated

Analysis

Damascus Road Project Incorporated is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Damascus Road Project Incorporated reported income of $235k and spending of $100k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $235k (+107%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Damascus Road Project Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Capitol Region Food Program ($235k), Needs of the Community Society ($235k) and Friends of Agnes Charitable Foundation Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. At year end it held assets of $208k against liabilities of $0, net assets of $208k.