Foundation for Dental Laboratory Technology

Analysis

Foundation for Dental Laboratory Technology is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Dental Laboratory Technology reported income of $192k and spending of $254k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $222k to $192k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Dental Laboratory Technology sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Snot Force Alliance Inc ($192k), Nevada Medical Center Inc ($192k) and American Society for Enhanced Recovery ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 0.6% of the total. At year end it held assets of $499k against liabilities of $107k, net assets of $392k.

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.