Deafway Global

Analysis

Deafway Global is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in December 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 (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, Deafway Global reported income of $1.3m and spending of $896k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $705k to $1.3m (+79%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Deafway Global 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 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Riverworks ($1.3m), Advocate Safehouse Project ($1.3m) and Family Service Society Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $496k. At year end it held assets of $813k against liabilities of $7,577, net assets of $805k. It reported 10 employees.