Dallas Secondary Educational Academy

Analysis

Dallas Secondary Educational Academy is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1967, 59 years ago. 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 June 2023, Dallas Secondary Educational Academy reported income of $5.3m and spending of $4.6m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $5.3m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dallas Secondary Educational Academy sits at the 92nd percentile: it is larger than about 92% 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 Howard Training Center ($5.3m), Young at Heart Resources ($5.3m) and F F Thompson Health System Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $261k (5.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $8.3m against liabilities of $4.7m, net assets of $3.6m. It reported 45 employees.