Dallas Life Inc

Analysis

Dallas Life Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Life Inc reported income of $2.0m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dallas Life Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Hearthstone Housing Foundation ($2.0m), Los Padres Forest Association Inc ($2.0m) and C P a C ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $146k (7.5% of expenses). Other salaries and wages came to $905k. At year end it held assets of $5.1m against liabilities of $1.7m, net assets of $3.4m. It reported 27 employees.