Dallas Metro Inc

Analysis

Dallas Metro Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2008, 18 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 December 2023, Dallas Metro Inc reported income of $989k and spending of $958k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $742k to $989k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dallas Metro Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Academy for Children ($989k), El Concilio Family Services ($989k) and United Way of Central Kentucky Inc ($989k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (7.5% of expenses). Other salaries and wages came to $246k. At year end it held assets of $1.1m against liabilities of $14k, net assets of $1.1m. It reported 15 employees.