Delmarva Education Association
Analysis
Delmarva Education Association is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Delmarva Education Association reported income of $1.7m and spending of $2.6m, spending 152% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.5m to $1.7m (+14%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 151% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Delmarva Education Association sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Thehopeline Inc ($1.7m), Commission Ministers Network ($1.7m) and Global Frontier Mission Inc ($1.7m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.2% and program service revenue 63% of the total. Other salaries and wages came to $531k. At year end it held assets of $6.1m against liabilities of $5.3m, net assets of $792k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 4.2%
- Program services 63%
- Other 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thehopeline Inc | Spring Hill | $1.7m |
| Commission Ministers Network | Kerrville | $1.7m |
| Global Frontier Mission Inc | Clarkston | $1.7m |
| Carolina Christian Study Center Incorporated | Chapel Hill | $1.7m |