Dow Rummel Foundation

Analysis

Dow Rummel Foundation is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Dow Rummel Foundation reported income of $88k and spending of $28k, leaving 68% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $28k to $88k (+222%), an average of +34% a year. The sharpest change came in the year to April 2022, when income rose by 553%. Over the whole period it spent 23% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dow Rummel Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 28th percentile within SD. Charities of a similar size with the same main cause include Sherrys Place Inc ($88k), High Street Homes Inc ($89k) and LH Homes II Inc ($88k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $950k against liabilities of $0, net assets of $950k.