Dinner Party Labs

Analysis

Dinner Party Labs is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in September 2021, 5 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, Dinner Party Labs reported income of $1.2m and spending of $993k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $749k to $1.2m (+59%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dinner Party Labs sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include LA Plaza de Encuentro Gathering Place ($1.2m), Verde Valley Homeless Coalition ($1.2m) and Fayette County Fair Association ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $102k (10% of expenses). Other salaries and wages came to $599k. At year end it held assets of $506k against liabilities of $38k, net assets of $468k. It reported 10 employees.