Dallas Community Lighthouse

Analysis

Dallas Community Lighthouse is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Dallas Community Lighthouse reported income of $882k and spending of $825k, spending 94% of its income. Across the 6 years on record, from July 2019 to July 2024, income fell from $913k to $882k (-3.5%), an average of -0.7% a year. The sharpest change came in the year to July 2022, when income dropped by 31%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dallas Community Lighthouse sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Midori Housing Corporation ($882k), Spa Area Independent Living Services Inc ($882k) and Exodus Treatment Center ($882k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $95k (12% of expenses). Other salaries and wages came to $323k. At year end it held assets of $76k against liabilities of $95k, net assets of -$19k. It reported 55 employees.