L D Pankey Dental Foundation Inc

Analysis

L D Pankey Dental Foundation Inc is a registered charity in United States, based in Key Biscayne, FL. It received its IRS tax-exemption ruling in August 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, L D Pankey Dental Foundation Inc reported income of $4.6m and spending of $4.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $4.6m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, L D Pankey Dental Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Faith Bible Christian School ($4.6m), Communities in Schools of Michigan Inc ($4.6m) and Head Start Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $131k (2.9% of expenses). Other salaries and wages came to $942k. At year end it held assets of $9.5m against liabilities of $3.8m, net assets of $5.7m. It reported 17 employees.