D Cipher

Analysis

D Cipher is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, D Cipher reported income of $55k and spending of $58k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $55k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, D Cipher sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include Focus Fusion Society ($55k), Astoria Parks Recreation & Community Foundation ($55k) and SC Cheer Booster Club Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $257 against liabilities of $0, net assets of $257.