DMBGC Foundation

Analysis

DMBGC Foundation is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in May 2016, 10 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, DMBGC Foundation reported income of $683k and spending of $0, leaving 100% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $179k to $683k (+282%), an average of +56% a year. The sharpest change came in the year to June 2021, when income rose by 167%. Over the whole period it spent 0.3% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, DMBGC Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include The Edna House for Women Inc ($683k), Solid Rock Christian Center for Learning Inc ($683k) and Operation First Response ($683k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.