Daat Center Inc

Analysis

Daat Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2018, 8 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 November 2023, Daat Center Inc reported income of $2.6m and spending of $5.9m, spending 228% of what it took in. Across the 2 years on record, from November 2020 to November 2023, income grew from $1.1m to $2.6m (+139%), an average of +139% a year. The sharpest change came in the year to November 2023, when income rose by 139%. Over the whole period it spent 180% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daat Center Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Harvest Free Will Baptist Child Care Ministries Inc ($2.6m), Four Corners Ministries ($2.6m) and Forum of Christian Leaders ($2.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $60k. At year end it held assets of $202k against liabilities of $3.2m, net assets of -$3.0m.