Dallas Center Inc

Analysis

Dallas Center Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1964, 62 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Dallas Center Inc reported income of $4.8m and spending of $4.4m, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $4.9m to $4.8m (-1.1%), an average of -0.3% a year. The sharpest change came in the year to July 2022, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dallas Center 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 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Hospice Care of Middletown Inc ($4.8m), Northwest Side Housing Center ($4.8m) and American Youth Hostels-Chicago Inc ($4.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $274k (6.3% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.1m against liabilities of $158k, net assets of $2.9m. It reported 44 employees.