Dallas Margarita Society Inc

Analysis

Dallas Margarita Society Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1979, 47 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 December 2023, Dallas Margarita Society Inc reported income of $420k and spending of $477k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $420k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 41%. 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, Dallas Margarita Society Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Artvango Therapeutic Services Inc ($420k), For Safe Keeping Inc ($420k) and Gothenburg Child Care Inc ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 148% of the total. At year end it held assets of $971k against liabilities of $429, net assets of $971k.