DRM Supporting Corp

Analysis

DRM Supporting Corp is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, DRM Supporting Corp reported income of $267k and spending of $136k, leaving 49% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $265k to $267k (+0.7%), an average of +0.2% a year. Over the whole period it spent 50% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, DRM Supporting Corp sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Main Street Hanover ($267k), Together Freedom ($267k) and Arizona Crime Victim Rights Law Group ($267k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $2.2m against liabilities of $1.6m, net assets of $536k.