Dobie Diamond Club

Analysis

Dobie Diamond Club is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dobie Diamond Club reported income of $72k and spending of $72k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $72k (+4.4%), an average of +4.4% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dobie Diamond Club sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Southwest Association of Student Financial Aid Administrators Inc ($72k), Dan Devereaux Memorial Trust Inc ($72k) and East Bradford Parent Teachers Organization ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.