Garrett Dunsmoor Memorial Foundation Inc

Analysis

Garrett Dunsmoor Memorial Foundation Inc is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Garrett Dunsmoor Memorial Foundation Inc reported income of $103k and spending of $18k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $128k to $103k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 1118%. Over the whole period it spent 15% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Garrett Dunsmoor Memorial Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Regents of the University of Minnesota ($103k), Willmar Baseball Boosters Assoc ($103k) and Broome County High School Hockey Association Ltd ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $359k against liabilities of $0, net assets of $359k.