Diamond State Sustainability Corporation

Analysis

Diamond State Sustainability Corporation is a registered charity in United States, based in Georgetown, DE. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Diamond State Sustainability Corporation reported income of $53k and spending of $47k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $53k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Diamond State Sustainability Corporation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within DE. Charities of a similar size with the same main cause include Florissant Rotary Club Foundation ($53k), Downtown Lock Haven Inc ($53k) and San Jose Downtown Foundation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.