William J Gies Foundation for the Advancement of Dentistry Inc

Analysis

William J Gies Foundation for the Advancement of Dentistry Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1951, 75 years ago. 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 June 2023, William J Gies Foundation for the Advancement of Dentistry Inc reported income of $198k and spending of $171k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $368k to $198k (-46%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, William J Gies Foundation for the Advancement of Dentistry Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 29th percentile within DC. Charities of a similar size with the same main cause include Old Bardstown Village Inc ($198k), Little League Baseball Inc ($198k) and Lincoln Museum & Historical Society ($198k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $5.3m against liabilities of $1.8m, net assets of $3.5m.