Dennison Charitable Foundation Inc

Analysis

Dennison Charitable Foundation Inc is a registered charity in United States, based in Lakeville, MA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 December 2023, Dennison Charitable Foundation Inc reported income of $96k and spending of $98k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $96k (-1.5%), an average of -1.5% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dennison Charitable Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Grow Restored ($96k), 18 Springs Community Healing Center Foundation Inc ($96k) and Association of Minority Health Professions Schools Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 47% of the total. At year end it held assets of $31k against liabilities of $2,415, net assets of $29k.