Dyb Inc

Analysis

Dyb Inc is a registered charity in United States, based in Marshall, TX. It received its IRS tax-exemption ruling in April 1958, 68 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Dyb Inc reported income of $766k and spending of $699k, spending 91% of its income. Across the 5 years on record, from June 2020 to September 2023, income grew from $455k to $766k (+68%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 528%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dyb Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Dexter Volleyball Club ($766k), Iroquois County Agricultural and 4-H Club Fair ($766k) and Sartell Youth Recreation Center Assoc ($766k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 15% of the total. Other salaries and wages came to $47k. At year end it held assets of $2.0m against liabilities of $20k, net assets of $2.0m. It reported 5 employees.