Del Carmen Foundation Inc

Analysis

Del Carmen Foundation Inc is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in August 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, Del Carmen Foundation Inc reported income of $57k and spending of $55k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $57k (+194%), an average of +194% a year. The sharpest change came in the year to December 2023, when income rose by 194%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Del Carmen Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include Mentoring Tucsons Kids ($56k), Greendale Twi Nite Inc ($57k) and Plainview Quarterback Club ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,991 against liabilities of $0, net assets of $1,991.