Dunson School Redevelopment Corporation

Analysis

Dunson School Redevelopment Corporation is a registered charity in United States, based in Lagrange, GA. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Dunson School Redevelopment Corporation reported income of $143k and spending of $231k, spending 161% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $125k to $143k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 156% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dunson School Redevelopment Corporation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include River Acres Inc ($143k), Advocates for the Homeless of Upper Bucks ($143k) and Christmas-In-April-Calvert County Inc ($143k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $2.7m against liabilities of $3.6m, net assets of -$948k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.