Dayton Foundation

Analysis

Dayton Foundation is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in December 1926, 100 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 June 2023, Dayton Foundation reported income of $59.3m and spending of $71.4m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $67.2m to $59.3m (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dayton Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Coastal Community Foundation of South Carolina Inc ($59.0m), Community Initiatives ($59.4m) and Johnson Charitable Gift Fund ($58.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $1.2m (1.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $583.5m against liabilities of $142.5m, net assets of $441.0m. It reported 67 employees.