Dallas Neighborhood Homes

Analysis

Dallas Neighborhood Homes is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Dallas Neighborhood Homes reported income of $169k and spending of $489k, spending 289% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $592k to $169k (-71%), an average of -27% a year. The sharpest change came in the year to June 2020, when income dropped by 39%. Over the whole period it spent 268% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dallas Neighborhood Homes sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Alpha Sigma Lambda Sce Eastern Illinois University ($169k), Network Housing 94 Petzinger Inc ($169k) and Mountain Place Inc ($169k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 90% of the total. Other salaries and wages came to $246k. At year end it held assets of $20.0m against liabilities of $22.4m, net assets of -$2.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.