Delco Group Charities Fund

Analysis

Delco Group Charities Fund is a registered charity in United States, based in Garnet Valley, PA. It received its IRS tax-exemption ruling in January 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Delco Group Charities Fund reported income of $201k and spending of $198k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $201k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Delco Group Charities Fund sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Anthony F@cordeiro Charitable Foundation Incorporated ($201k), Project New Hope of Minnesota Lions Foundation Inc ($201k) and Bettendorf Community Schools Foundation ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 149% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.