Dakshana Foundation

Analysis

Dakshana Foundation is a registered charity in United States, based in W Lake Hills, TX. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dakshana Foundation reported income of $3.3m and spending of $1.2m, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $841k to $3.3m (+293%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 4122%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dakshana Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Honor Society of Phi Kappa Phi ($3.3m), New Mexico Highlands University Foundation Inc ($3.3m) and Rainbow Community School ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. Compensation of current officers, directors and key employees was $25k (2.1% of expenses). At year end it held assets of $16.2m against liabilities of $280, net assets of $16.2m. It reported 1 employees.