Duke Hand Society Inc

Analysis

Duke Hand Society Inc is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 July 2023, Duke Hand Society Inc reported income of $110k and spending of $117k, spending 106% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $276k to $110k (-60%), an average of -60% a year. The sharpest change came in the year to July 2023, when income dropped by 60%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Duke Hand Society Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include CHD Foundation ($110k), Wake Up & Lace Up ($110k) and Intl Soc for Imp & Teaching of DB Therapy ($110k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.