Diamond Bar Fund

Analysis

Diamond Bar Fund is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Diamond Bar Fund reported income of $6.6m and spending of $12.4m, spending 188% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income fell from $223.7m to $6.6m (-97%), an average of -83% a year. The sharpest change came in the year to September 2022, when income dropped by 87%. Over the whole period it spent 12% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Diamond Bar Fund sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Family Counseling Service of the Finger Lakes Inc ($6.6m), Eagles Nest Regeneration ($6.6m) and Behind Every Door Ministries Inc ($6.6m).

Compensation of current officers, directors and key employees was $76k (0.6% of expenses). Other salaries and wages came to $113k. At year end it held assets of $237.4m against liabilities of $0, net assets of $237.4m.