Dusty Elam Foundation Inc

Analysis

Dusty Elam Foundation Inc is a registered charity in United States, based in Manchester, TN. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Dusty Elam Foundation Inc reported income of $194k and spending of $146k, leaving 25% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $77k to $194k (+150%), an average of +58% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dusty Elam Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Teaghlach Ranch ($194k), Trophy Cares ($194k) and Earths Harvest Inc ($194k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.