D M 50 C 3

Analysis

D M 50 C 3 is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, D M 50 C 3 reported income of $311k and spending of $285k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $274k to $311k (+13%), an average of +6.5% a year. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, D M 50 C 3 sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Social Venture Partners San Antonio ($311k), Roger H Strait Memorial Foundation Inc ($311k) and Grantmakers of Oregon and S W Washington ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $413k against liabilities of $0, net assets of $413k.