Dallas Firefighters Museum Incorporated

Analysis

Dallas Firefighters Museum Incorporated is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1971, 55 years ago. 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 December 2023, Dallas Firefighters Museum Incorporated reported income of $500k and spending of $161k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $500k (+186%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 564%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dallas Firefighters Museum Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Sacred Heart Village Inc ($500k), Scottsbluff Community Schools Foundation Inc ($500k) and Pennsylvania Junior Academy of Science ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.6% of the total. Other salaries and wages came to $32k. At year end it held assets of $2.8m against liabilities of $2,900, net assets of $2.8m. It reported 5 employees.