Dont Waste Durham Inc

Analysis

Dont Waste Durham Inc is a registered charity in United States, based in Durham, NC. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dont Waste Durham Inc reported income of $170k and spending of $168k, spending 99% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $244k to $170k (-30%), an average of -17% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 118% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dont Waste Durham 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 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Pass Christian Main Street Foundation ($170k), Milestown Community Improvement Inc ($170k) and Delaware Community Development Corporation ($170k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. At year end it held assets of $34k against liabilities of $10k, net assets of $24k.