Dallas College Foundation Inc

Analysis

Dallas College Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1973, 53 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 August 2023, Dallas College Foundation Inc reported income of $8.2m and spending of $6.4m, leaving 23% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $6.0m to $8.2m (+38%), an average of +8.3% a year. The sharpest change came in the year to August 2021, when income rose by 80%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dallas College Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include UCLA Investment Company ($8.2m), Grand Peak Academy ($8.2m) and Nevada City School of the Arts ($8.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $73.6m against liabilities of $137k, net assets of $73.4m.