Deep Launching Incorporated
- Assets
- $79.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waldorf, MD
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 46-2033241
Organization Overview
Deep Launching Incorporated is located in Waldorf, MD. The organization was established in 2015. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deep Launching Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Deep Launching Incorporated generated $41.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $17.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,138 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,138 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,135 |
| Total expenses | $17,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $79,135 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,135 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Deep Launching Incorporated has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Share Our Strength Washington, DC PURPOSE: CHILDHOOD HUNGER PROGRAMS | $10,000 |
Share Our Strength Washington, DC PURPOSE: CHILDHOOD HUNGER PROGRAMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
For The Girls Wheaton, MD | $1,479,241 | $6,747,271 |
Ministry Of Caring Inc Wilmington, DE | $54,478,470 | $18,387,590 |
Washington City Mission Inc Washington, PA | $16,120,298 | $9,648,991 |
West Virginia Coalition To End Homelessness Inc Bridgeport, WV | $2,317,658 | $6,094,283 |
Sunday Breakfast Mission Inc Wilmington, DE | $4,993,821 | $9,441,519 |
Miriams Kitchen Washington, DC | $5,984,794 | $8,193,619 |
Coalition For The Homeless Inc Washington, DC | $8,210,055 | $6,494,266 |
Back On My Feet Philadelphia, PA | $5,878,607 | $7,836,795 |
Samaritan Inns Inc Washington, DC | $7,778,668 | $4,753,931 |
Rescue Mission Of Roanoke Inc Roanoke, VA | $11,303,940 | $5,672,596 |
Three Oaks Homeless Shelter Inc Lexington Park, MD | $3,850,234 | $5,125,353 |
Union Mission Ministries Inc Charleston, WV | $7,251,175 | $4,298,913 |