Do Greater Foundation Inc

Analysis

Do Greater Foundation Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Do Greater Foundation Inc reported income of $876k and spending of $546k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $781k to $876k (+12%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 38% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Do Greater Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Heroes of New Orleans ($876k), Tendaji Community Development Corporation ($876k) and Nashua Police Athletic League ($874k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $214k. At year end it held assets of $1.5m against liabilities of $57, net assets of $1.5m. It reported 9 employees.