Michigan Dental Association Foundation

Analysis

Michigan Dental Association Foundation is a registered charity in United States, based in Okemos, MI. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Michigan Dental Association Foundation reported income of $501k and spending of $351k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $501k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Dental Association Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Mobiles for Education Alliance ($501k), For the Nations DC ($501k) and Mural ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.6m against liabilities of $20k, net assets of $1.6m.