Design Platform

Analysis

Design Platform is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in February 2019, 7 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, Design Platform reported income of $308k and spending of $420k, spending 136% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $416k to $308k (-26%), an average of -9.5% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Design Platform sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within LA. Charities of a similar size with the same main cause include T R Hoover Community Development Corporation Inc ($308k), Central Vermont Memorial Civic Center Inc ($308k) and Womans Club of Erie Inc ($308k).

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 $206k (49% of expenses). At year end it held assets of $306k against liabilities of $0, net assets of $306k. It reported 1 employees.