Double Up Drive Inc

Analysis

Double Up Drive Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Double Up Drive Inc reported income of $839k and spending of $503k, leaving 40% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $516k to $839k (+63%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 677%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Double Up Drive Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within NV. Charities of a similar size with the same main cause include Start with One International Inc ($839k), Operation Renewed Hope Medical Missions Agency ($840k) and Param Shakti Peeth of America Foundation ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $573k against liabilities of $184k, net assets of $389k.