Salesmanship Club of Dallas

Analysis

Salesmanship Club of Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 1932, 94 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 October 2023, Salesmanship Club of Dallas reported income of $12.2m and spending of $11.6m, spending 95% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $10.0m to $12.2m (+22%), an average of +5.0% a year. The sharpest change came in the year to October 2021, when income rose by 74%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Salesmanship Club of Dallas sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Arizona Industries for the Blind ($12.2m), Goodwill Industrial Services Corporation ($12.2m) and Greenlining Institute ($12.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 93% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $820k (7.1% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $17.5m against liabilities of $487k, net assets of $17.0m. It reported 43 employees.