Ding Sum Inc

Analysis

Ding Sum Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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, Ding Sum Inc reported income of $170k and spending of $92k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $170k (+3.5%), an average of +0.9% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ding Sum Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Friends of Conservation - Friends ($170k), US Veterans Post 104 Corp ($170k) and PTA California Congress of Parents Teachers & Students Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.