Danielson Group Inc

Analysis

Danielson Group Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Danielson Group Inc reported income of $2.9m and spending of $3.0m, spending 103% of its income. Across the 4 years on record, from December 2019 to June 2023, income grew from $2.0m to $2.9m (+45%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Danielson Group Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Hope for Hyndman Charter School ($2.9m), Ofl Capistrano Inc ($2.9m) and Helix Community Schools ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $397k (13% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.9m against liabilities of $1.8m, net assets of $162k. It reported 32 employees.