Deafna Foundation Inc

Analysis

Deafna Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover mutual and membership 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 2022, Deafna Foundation Inc reported income of $88k and spending of $51k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $62k to $88k (+42%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Deafna Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 17th percentile within DC. Charities of a similar size with the same main cause include Collins Family Markets Community Fund Inc ($88k), Shepherds Corner Inc ($88k) and Winter Center for Restorative Justice ($88k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.