Diamonds in the Rough Sports Entertainment and Education Inc

Analysis

Diamonds in the Rough Sports Entertainment and Education Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Diamonds in the Rough Sports Entertainment and Education Inc reported income of $118k and spending of $118k, spending 100% of its income. Across the 2 years on record, from December 2021 to December 2023, income fell from $192k to $118k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Diamonds in the Rough Sports Entertainment and Education Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Florida Public Service Association Inc ($118k), Childrens Farms of America ($118k) and Little Souls of Tanzania ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.