Don Enterprises Inc

Analysis

Don Enterprises Inc is a registered charity in United States, based in New Castle, PA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Don Enterprises Inc reported income of $618k and spending of $974k, spending 158% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $391k to $618k (+58%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 154%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Don Enterprises Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Ridgeview Terrace Affordable Housing Inc ($618k), Ahepa 245-Ii Inc ($619k) and Hope House of Central Louisiana ($618k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $4.6m against liabilities of $4.2m, net assets of $380k.