Dynami Foundation

Analysis

Dynami Foundation is a registered charity in United States, based in Birmingham, MI. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Dynami Foundation reported income of $677k and spending of $583k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $677k (+186%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 203%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dynami Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Serenity ($677k), Serenity Place Inc ($678k) and Fire Medic Company No 1 Inc ($677k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $684k against liabilities of $0, net assets of $684k. It reported 43 employees.