Delmar Divine Charitable Foundation

Analysis

Delmar Divine Charitable Foundation is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Delmar Divine Charitable Foundation reported income of $2.8m and spending of $3.4m, spending 120% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $8.4m to $2.8m (-67%), an average of -31% a year. The sharpest change came in the year to December 2021, when income dropped by 62%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Delmar Divine Charitable Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include West Virginia Community Development Hub Inc ($2.8m), Rocky Mountain Microfinance Institute ($2.8m) and Northside Industrial Development Company ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $175k (5.2% of expenses). Other salaries and wages came to $195k. At year end it held assets of $22.9m against liabilities of $18.4m, net assets of $4.5m. It reported 5 employees.