DL Handy Foundation Inc

Analysis

DL Handy Foundation Inc is a registered charity in United States, based in Lithonia, GA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, DL Handy Foundation Inc reported income of $62k and spending of $48k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $62k (+125%), an average of +125% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, DL Handy Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within GA. Charities of a similar size with the same main cause include Mary F Sneidman Trust Uw 8020 ($62k), Klyne Esopus Historical Society Museum ($62k) and Denver Lions Foundation ($62k).

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 $64k against liabilities of $49k, net assets of $14k.