North Dallas Shared Ministries Inc

Analysis

North Dallas Shared Ministries Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1984, 42 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, North Dallas Shared Ministries Inc reported income of $7.2m and spending of $5.5m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $7.2m (+95%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Dallas Shared Ministries Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Human Options Inc ($7.2m), Somerville Homeless Coalition Incorporated ($7.2m) and Jewish Family & Vocational Service of Middlesex County Inc ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.8% of the total. Other salaries and wages came to $130k. At year end it held assets of $12.8m against liabilities of $141k, net assets of $12.7m. It reported 2 employees.