Caring for Military Families the Elizabeth Dole Foundation

Analysis

Caring for Military Families the Elizabeth Dole Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2023, Caring for Military Families the Elizabeth Dole Foundation reported income of $9.6m and spending of $8.3m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $9.6m (+116%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Caring for Military Families the Elizabeth Dole Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 87th percentile within DC. Charities of a similar size with the same main cause include Boys & Girls Clubs of Greater Augusta Inc ($9.5m), Lutheran Home for the Aged Development Corp ($9.6m) and Young Mens Christian Association of Northwestern Dupage County ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $284k (3.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $12.2m against liabilities of $1.5m, net assets of $10.7m. It reported 36 employees.