Quilters Guild of Dallas Inc

Analysis

Quilters Guild of Dallas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Quilters Guild of Dallas Inc reported income of $238k and spending of $202k, spending 85% of its income. Across the 3 years on record, from August 2019 to August 2023, income grew from $224k to $238k (+6.2%), an average of +3.0% a year. The sharpest change came in the year to August 2023, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Quilters Guild of Dallas Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Mariachi Festival ($238k), The Thrift Shop ($238k) and Womens Alliance for Theology Ethics ($238k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.9% and program service revenue 81% of the total. At year end it held assets of $450k against liabilities of $0, net assets of $450k.