Dallas Fort Worth Business Council Inc

Analysis

Dallas Fort Worth Business Council Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1976, 50 years ago. 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 December 2023, Dallas Fort Worth Business Council Inc reported income of $2.3m and spending of $2.4m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.3m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dallas Fort Worth Business Council Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Childrens Action Alliance Inc ($2.3m), Leadership Memphis ($2.3m) and United Through Reading ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $678k (28% of expenses). Other salaries and wages came to $310k. At year end it held assets of $2.2m against liabilities of $822k, net assets of $1.4m. It reported 8 employees.