Dale Foundation

Analysis

Dale Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dale Foundation reported income of $1.1m and spending of $394k, leaving 64% of income unspent that year. Across the 6 years on record, from August 2019 to December 2023, income fell from $1.2m to $1.1m (-5.2%), an average of -1.1% a year. The sharpest change came in the year to December 2023, when income rose by 239%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dale Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Alumni Association California Institute of Technology ($1.1m), Institute of Quantitative Systems Pharmacology Iqsp ($1.1m) and Bermuda Hundred Child Development Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $525k against liabilities of $1.2m, net assets of -$699k.