Chicago Dental Society Foundation

Analysis

Chicago Dental Society Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2008, 18 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 (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, Chicago Dental Society Foundation reported income of $434k and spending of $507k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $653k to $434k (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2020, when income rose by 1104%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chicago Dental Society Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Hbcu Career Development Marketplace Inc ($433k), Mountain Gateway Community College Educational Foundation ($434k) and Kennedy Family Foundation Inc ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. Compensation of current officers, directors and key employees was $148k (29% of expenses). Other salaries and wages came to $139k. At year end it held assets of $10.2m against liabilities of $145k, net assets of $10.1m. It reported 6 employees.