Dime

Analysis

Dime is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dime reported income of $347k and spending of $182k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $347k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dime sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Literacy Volunteers of Collier County Inc ($347k), GLW Childrens Council Inc ($347k) and Gods Foundation Christian School Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $11k. At year end it held assets of $251k against liabilities of $0, net assets of $251k. It reported 2 employees.