Nelson Dancona Foundation

Analysis

Nelson Dancona Foundation is a registered charity in United States, based in Southport, CT. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 March 2024, Nelson Dancona Foundation reported income of $90k and spending of $247k, spending 274% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $580k to $90k (-84%), an average of -37% a year. The sharpest change came in the year to March 2023, when income dropped by 56%. Over the whole period it spent 90% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Nelson Dancona Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within CT. Charities of a similar size with the same main cause include Texr Foundation ($90k), Rowlett Professional Firefighters ($90k) and Duluth Firefighters Mutual Aid Association ($90k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.