Michael Dunn Foundation

Analysis

Michael Dunn Foundation is a registered charity in United States, based in Kingston, TN. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Michael Dunn Foundation reported income of $320k and spending of $8,400, leaving 97% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $321k to $320k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 196%. Over the whole period it spent 2.3% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Michael Dunn Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Mayday Inc ($320k), New York Zakat Inc ($320k) and United with Love of Huntington County Inc ($320k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $7.1m against liabilities of $25k, net assets of $7.1m.