DSM Mutual Aid

Analysis

DSM Mutual Aid is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in October 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, DSM Mutual Aid reported income of $205k and spending of $107k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $264k to $205k (-23%), an average of -8.2% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, DSM Mutual Aid sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IA. Charities of a similar size with the same main cause include Valverde Inc ($205k), Bountiful American Foundation Inc ($205k) and Southeast Casa Program ($205k).

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 $418k against liabilities of $20k, net assets of $398k.