Icla Dasilva Foundation Inc

Analysis

Icla Dasilva Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Icla Dasilva Foundation Inc reported income of $328k and spending of $1.0m, spending 311% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $328k (-81%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Icla Dasilva Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include A Better City Initiative Inc ($328k), Monterey State Historic Park Association ($329k) and PTA California Congress of Parents Teachers & Students Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $185k (18% of expenses). Other salaries and wages came to $104k. At year end it held assets of $2.0m against liabilities of $35k, net assets of $2.0m. It reported 3 employees.