360 Degree Development Institute Inc

Analysis

360 Degree Development Institute Inc is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, 360 Degree Development Institute Inc reported income of $350k and spending of $347k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $179k to $350k (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 360 Degree Development Institute Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Waconia United Food Shelf ($349k), Stonewall Inn Gives Back Initiative Incorporated ($350k) and International Institute of Islamic Medicine ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (15% of expenses). At year end it held assets of $23k against liabilities of $400, net assets of $23k. It reported 1 employees.