Dotun Ogunyemi MD Foundation Inc

Analysis

Dotun Ogunyemi MD Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Dotun Ogunyemi MD Foundation Inc reported income of $61k and spending of $60k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $61k (-6.9%), an average of -6.9% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dotun Ogunyemi MD Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Kollel Rashbi Ari Foundation ($61k), Reunion Community Foundation ($61k) and Guadalupe Kids Come First Foundation ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,086 against liabilities of $487, net assets of $3,599.