Digital Business Research Corp

Analysis

Digital Business Research Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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, Digital Business Research Corp reported income of $242k and spending of $249k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $242k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Digital Business Research Corp sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include U S Land Conservancy Inc ($242k), Life Center for Spiritual Growth ($243k) and Gibb Marianna Village Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $143k (58% of expenses). Other salaries and wages came to $67k. At year end it held assets of $632 against liabilities of $1, net assets of $631.