East Dallas Development Center

Analysis

East Dallas Development Center is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1983, 43 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 August 2023, East Dallas Development Center reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.5m to $1.8m (+20%), an average of +4.8% a year. The sharpest change came in the year to August 2022, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Dallas Development Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Shepherd Care Ministries Inc ($1.8m), Central Kansas Coordinated Transit Council Inc ($1.8m) and General Israel Orphans Home for Girls ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $137k (7.6% of expenses). Other salaries and wages came to $803k. At year end it held assets of $627k against liabilities of $99k, net assets of $528k. It reported 27 employees.