Dallas Development Fund

Analysis

Dallas Development Fund is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Dallas Development Fund reported income of $603k and spending of $569k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.5m to $603k (-59%), an average of -20% a year. The sharpest change came in the year to September 2021, when income rose by 189%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dallas Development Fund sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Town of Plymouth Volunteer Ambulance Corps ($603k), Lake Tanganyika Floating Health Clinic ($603k) and Casa Ruben Incorporated ($603k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $5.6m against liabilities of $924k, net assets of $4.7m.