Drones for Good Worldwide

Analysis

Drones for Good Worldwide is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Drones for Good Worldwide reported income of $114k and spending of $423k, spending 371% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $678k to $114k (-83%), an average of -83% a year. The sharpest change came in the year to December 2023, when income dropped by 83%. Over the whole period it spent 97% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Drones for Good Worldwide sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Waelder Volunteer Fire Department ($114k), Arroyo City Volunteer Fire Department ($114k) and Bellmore Volunteer Exempt Firemens Benevolent Association ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $14k. At year end it held assets of $26k against liabilities of $2,253, net assets of $24k. It reported 1 employees.