DS Charitable Services Foundation Inc

Analysis

DS Charitable Services Foundation Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, DS Charitable Services Foundation Inc reported income of $524k and spending of $160k, leaving 70% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $600k to $524k (-13%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 10% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, DS Charitable Services Foundation Inc 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 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Joy Making a Difference Incorporated ($524k), Boys and Girls Club of the Hatchie River Region ($524k) and Team Focus Inc ($524k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. At year end it held assets of $1.5m against liabilities of $34k, net assets of $1.4m.