Local Start Dental Inc

Analysis

Local Start Dental Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover health care, 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, Local Start Dental Inc reported income of $2.5m and spending of $2.7m, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $720k to $2.5m (+245%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 268%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Local Start Dental Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Nazcare Inc ($2.5m), Fundacion de Ninos de Puerto Rico Inc ($2.5m) and The Power of U Incorporated ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $575k (21% of expenses). Other salaries and wages came to $577k. It paid $15k in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $347k, net assets of $2.3m. It reported 29 employees.