Dungannon Development Commission Inc

Analysis

Dungannon Development Commission Inc is a registered charity in United States, based in Dungannon, VA. It received its IRS tax-exemption ruling in January 1980, 46 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 May 2024, Dungannon Development Commission Inc reported income of $95k and spending of $90k, spending 95% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $87k to $95k (+9.3%), an average of +9.3% a year. 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, Dungannon Development Commission Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Bedford Historical Society ($95k), Roseville Junior Sports Inc ($95k) and Virginia Congress of Parents and Teachers ($95k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. At year end it held assets of $208k against liabilities of $2,828, net assets of $205k.