The Darien Foundation Inc

Analysis

The Darien Foundation Inc is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2023, The Darien Foundation Inc reported income of $540k and spending of $835k, spending 155% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $527k to $540k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Darien Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include McNy Bronx Inc ($540k), Children at the Crossroads Foundation ($540k) and Bounce Back Generation Inc ($540k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $66k (7.9% of expenses). At year end it held assets of $3.1m against liabilities of $501k, net assets of $2.6m. It reported 1 employees.