The Village Diaper Bank Inc

Analysis

The Village Diaper Bank Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 2018, 8 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, The Village Diaper Bank Inc reported income of $703k and spending of $630k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $288k to $703k (+144%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Village Diaper Bank Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include Furnishing Hope Inc ($703k), Passel Provides Foundation ($703k) and Brinker Family Fund Inc ($703k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $33k (5.2% of expenses). Other salaries and wages came to $31k. At year end it held assets of $300k against liabilities of $181k, net assets of $118k. It reported 3 employees.