Delaurentis

Analysis

Delaurentis is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Delaurentis reported income of $78k and spending of $66k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $276k to $78k (-72%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 55%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaurentis sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Georgia Festival Chorus Inc the ($78k), Little League Baseball Inc ($78k) and Midlothian High School Band Boosters ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.