Dallas County Local Housing Trust Fund Inc

Analysis

Dallas County Local Housing Trust Fund Inc is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Dallas County Local Housing Trust Fund Inc reported income of $288k and spending of $276k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $211k to $288k (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dallas County Local Housing Trust Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Habersham Homeless Ministries Inc ($288k), Village at Glencliff ($288k) and Mission Carthage Inc ($288k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,537 against liabilities of $20k, net assets of -$17k.