Ascend Dallas

Analysis

Ascend Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ascend Dallas reported income of $5.1m and spending of $4.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.1m (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ascend Dallas sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Hhu Xtra Care Inc ($5.1m), Quilceda Community Services ($5.1m) and The Village Arts and Humanities ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $807k (17% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.3m against liabilities of $1.7m, net assets of $1.5m. It reported 49 employees.