The Dorsey and Whitney Foundation

Analysis

The Dorsey and Whitney Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 1982, 44 years ago. 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 December 2023, The Dorsey and Whitney Foundation reported income of $2.4m and spending of $2.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.4m (+0.8%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Dorsey and Whitney Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Christian Witness Theological Seminary ($2.4m), The Connecticut Healthcare Research & Education Foundation Incorp ($2.4m) and The Washington County School District Foundation ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.