Michael P Donatucci Foundation Inc

Analysis

Michael P Donatucci Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2023, Michael P Donatucci Foundation Inc reported income of $178k and spending of $252k, spending 142% of what it took in. Across the 6 years on record, from December 2017 to December 2023, income fell from $249k to $178k (-29%), an average of -6.6% a year. The sharpest change came in the year to December 2021, when income dropped by 39%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Michael P Donatucci Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Ataxia Connection Inc ($178k), Graceway Recovery Residence Inc ($178k) and Floyd Healthcare Resources Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $70k (28% of expenses). At year end it held assets of $35k against liabilities of $0, net assets of $35k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.