DALIO FAMILY FUND INC
WESTPORT, CT 06880 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $806,892,040 | $96,903,990 | $4,039,482,581 |
| FY2023 | $69,545,101 | $195,331,019 | $3,239,835,520 |
| FY2022 | $82,333,236 | $116,269,603 | $3,312,827,043 |
| FY2021 | $134,784,215 | $118,768,846 | $3,471,099,019 |
| FY2020 | $504,110,253 | $118,738,174 | $3,501,922,477 |
| FY2019 | $3,054,970,595 | $37,498,403 | $3,059,401,261 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $760,315,060 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $85,083,439 | 88% |
| Management & general | $11,820,551 | 12% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2024.
- Program services accounted for 88% of functional expenses, management & general 12%, and fundraising 0%.
- 88% of functional expenses went to program services in FY2024. That is higher than 56.8% of 44 Human Services organizations in CT.
- Net assets covered about 500.2 months of expenses at the end of the reporting year. That puts it in the 98th percentile among 512 Human Services organizations in CT.
- Total revenue was higher than 100.2% of 524 Human Services organizations in CT.
- Total revenue fell from $3,054,970,595 in FY2019 to $806,892,040 in FY2024, Revenue increased in 1 and decreased in 4 of 5 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 6 reported years (FY2022, FY2023).
- The highest revenue on record here is $3,054,970,595 in FY2019.
- Net assets grew from $3,059,401,261 to $4,039,482,581 between FY2019 and FY2024.
- Contributions and grants made up 103% of revenue in FY2019 and 94% in FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 2019 |
| Subsection | 501(c)(4) |
| Program area (NTEE) | P20 — Human Services |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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