Ddembe Inc

Analysis

Ddembe Inc is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in December 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, Ddembe Inc reported income of $313k and spending of $164k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $313k (+213%), an average of +213% a year. The sharpest change came in the year to December 2023, when income rose by 213%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ddembe Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MS. Charities of a similar size with the same main cause include Charm Share and Care Fund ($313k), Heart and Soul Charitable Fund Inc ($313k) and Brentwood School Foundation Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $29k. At year end it held assets of $193k against liabilities of $0, net assets of $193k. It reported 1 employees.