Daniela Conte Foundation Inc

Analysis

Daniela Conte Foundation Inc is a registered charity in United States, based in Dix Hills, NY. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Daniela Conte Foundation Inc reported income of $148k and spending of $87k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $148k (+7.8%), an average of +7.8% a year. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Daniela Conte Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Community Ambulance Service of Western Sanders County Inc ($148k), Knowing You Matter ($148k) and Childhood Cancer Community ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.