Derby Johnson Banks DJB Foundation

Analysis

Derby Johnson Banks DJB Foundation is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Derby Johnson Banks DJB Foundation reported income of $161k and spending of $85k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $161k (+543%), an average of +543% a year. The sharpest change came in the year to December 2023, when income rose by 543%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Derby Johnson Banks DJB Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within GA. Charities of a similar size with the same main cause include Friends of Kibbuse Inc ($161k), Off Assignment Inc ($161k) and Butler Performing Arts Association ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $200, net assets of $95k.