Daynas Icare Foundation

Analysis

Daynas Icare Foundation is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Daynas Icare Foundation reported income of $66k and spending of $67k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $66k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daynas Icare Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include LA Mesa Del Padre-The Fathers Table ($66k), Step by Step Worldwide Ministries Corporation ($66k) and Christia Fellowship at Bridgewater ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.