DONORS FUND INC
1777 AVE OF THE STATES, LAKEWOOD, NJ · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $663,839,363 | $553,232,388 | $334,386,294 |
| FY2023 | $628,996,374 | $500,484,514 | $219,812,775 |
| FY2022 | $294,642,267 | $268,623,566 | $91,300,915 |
| FY2021 | $146,618,365 | $87,913,726 | $73,508,963 |
| FY2020 | $49,019,826 | $37,261,794 | $17,642,918 |
| FY2019 | $27,000,911 | $24,966,964 | $5,604,059 |
| FY2018 | $15,023,186 | $12,637,568 | $3,570,112 |
| FY2017 | $6,161,685 | $5,337,923 | $1,184,494 |
| FY2016 | $2,612,382 | $2,251,734 | $360,732 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $648,388,778 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $546,887,044 | 99% |
| Management & general | $6,174,779 | 1% |
| Fundraising | $170,565 | 0% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2024.
- Program services accounted for 99% of functional expenses, management & general 1%, and fundraising 0%.
- 99% of functional expenses went to program services in FY2024. That is higher than 91.9% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in NJ for a state comparison).
- Net assets covered about 7.3 months of expenses at the end of the reporting year. That puts it in the 16th percentile among 2226 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NJ.
- Total revenue was higher than 100% of 2327 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NJ.
- Total revenue rose from $2,612,382 in FY2016 to $663,839,363 in FY2024, Revenue increased in 8 and decreased in 0 of 8 year-over-year comparisons.
- Revenue covered expenses in each of the 9 reported years, FY2016 to FY2024.
- Net assets grew from $360,732 to $334,386,294 between FY2016 and FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO SIMPLIFY CHARITABLE GIVING AND THEREBY ENCOURAGE BENEVOLENT PHILANTHROPY.
IRS status
| Ruling year | 2016 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T30 — Philanthropy, Voluntarism & Grantmaking Foundations |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- ROBERT WOOD JOHNSON FOUNDATION — PRINCETON, NJ · $898,458,824
- THE BESSEMER GIVING FUND — WOODBRIDGE, NJ · $311,603,090
- COMMUNITY FOUNDATION OF NEW JERSEY — MORRISTOWN, NJ · $211,932,280
- THE TEPPER FOUNDATION — SHORT HILLS, NJ · $197,392,418
- POSES FAMILY FOUNDATION — FLORHAM PARK, NJ · $125,508,341
- THE VERITY CHARITABLE FUND INC — MOORESTOWN, NJ · $3,022,261
- MERCK PATIENT ASSISTANCE PROGRAM INC — RAHWAY, NJ · $1,952,689,147
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.