Chi Omega Education and Charity Fund of Dallas

Analysis

Chi Omega Education and Charity Fund of Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1969, 57 years ago. 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 January 2024, Chi Omega Education and Charity Fund of Dallas reported income of $983k and spending of $899k, spending 91% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $652k to $983k (+51%), an average of +11% a year. The sharpest change came in the year to January 2022, when income rose by 166%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chi Omega Education and Charity Fund of Dallas sits at the 77th percentile: it is larger than about 77% 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 Eagle River Recreation Association Inc ($983k), Southwest Harbor Public Library ($983k) and Kids of Courage Inc ($983k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 13% and program service revenue 84% of the total. Other salaries and wages came to $12k. At year end it held assets of $1.4m against liabilities of $511k, net assets of $894k. It reported 1 employees.