Dds4vets Inc

Analysis

Dds4vets Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Dds4vets Inc reported income of $66k and spending of $75k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $66k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dds4vets Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Cold Water International Inc ($66k), Ride4life Ministries Inc ($66k) and Children of the Village Network Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.