William B Billy Dunavant Jr Foundation

Analysis

William B Billy Dunavant Jr Foundation is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 1985, 41 years ago. 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 April 2023, William B Billy Dunavant Jr Foundation reported income of $5.3m and spending of $21.5m, spending 410% of what it took in. The sharpest change came in the year to April 2022, when income rose by 11312%. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, William B Billy Dunavant Jr Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Washington Association for Community Health ($5.3m), Mid-Michigan Recovery Services Lansing Regional Area Inc ($5.3m) and Hope Hall ($5.3m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $3.9m against liabilities of $975, net assets of $3.9m.