Diversity Pledge Institute

Analysis

Diversity Pledge Institute is a registered charity in United States, based in Perrysburg, OH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Diversity Pledge Institute reported income of $286k and spending of $298k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $362k to $286k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Diversity Pledge Institute sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Junior League of Evanston-North Shore Inc ($286k), The Chattery ($286k) and Two Harbors Area Food Shelf ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $86k (29% of expenses). Other salaries and wages came to $73k. At year end it held assets of $7,695 against liabilities of $9,374, net assets of -$1,679. It reported 5 employees.