Friends of Delta Beta Inc

Analysis

Friends of Delta Beta Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Friends of Delta Beta Inc reported income of $117k and spending of $22k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $212k to $117k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 8.2% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Delta Beta Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include San Juan Islands Sculpture Park ($117k), Central Electric Member Care Trust Inc ($118k) and My Jump Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $332k against liabilities of $0, net assets of $332k.