Dimock Community Foundation Inc

Analysis

Dimock Community Foundation Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dimock Community Foundation Inc reported income of $33.9m and spending of $33.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.3m to $33.9m (+24%), an average of +5.5% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dimock Community Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include So What Else Inc ($33.8m), Central New York Community Foundation Inc ($34.3m) and Erie Community Foundation ($33.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.8m (5.2% of expenses). Other salaries and wages came to $27.4m. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 657 employees.