Dante Foundation of Nassau County Inc

Analysis

Dante Foundation of Nassau County Inc is a registered charity in United States, based in Syosset, NY. It received its IRS tax-exemption ruling in August 1988, 38 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dante Foundation of Nassau County Inc reported income of $84k and spending of $109k, spending 130% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $87k to $84k (-4.0%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dante Foundation of Nassau County Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Sertoma Inc ($84k), Athletes for a Better World Inc ($84k) and Tyner Family Foundation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 34% of the total. At year end it held assets of $207k against liabilities of $1,025, net assets of $206k.