Dynamic Enrichment Network

Analysis

Dynamic Enrichment Network is a registered charity in United States, based in Gulfport, MS. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dynamic Enrichment Network reported income of $100k and spending of $74k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $100k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dynamic Enrichment Network sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MS. Charities of a similar size with the same main cause include Educate Lanka Foundation Inc ($100k), Kessab Educational Association of Los Angeles ($100k) and Destination Education a Scholarship Foundation ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.