Dudley Foundation Inc

Analysis

Dudley Foundation Inc is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Dudley Foundation Inc reported income of $143k and spending of $86k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $143k (+92%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 148%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dudley Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include The Coptic Foundation for Social Justice ($143k), Pennsylvania No Till Alliance ($143k) and Community Living Resources Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.1m.