Dart Center

Analysis

Dart Center is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in May 1985, 41 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 June 2024, Dart Center reported income of $550k and spending of $544k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $239k to $550k (+130%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 133%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dart Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Wray Rehabilitation and Activities Center Inc ($550k), Colorado Community Revitalization Association Inc ($550k) and W N C Madison County Housing Corporation Inc ($550k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $71k (13% of expenses). Other salaries and wages came to $90k. At year end it held assets of $212k against liabilities of $66k, net assets of $145k. It reported 7 employees.