Dallas County Local Workforce Development Board

Analysis

Dallas County Local Workforce Development Board is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 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, Dallas County Local Workforce Development Board reported income of $186.4m and spending of $186.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $134.0m to $186.4m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 23%. 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 County Local Workforce Development Board sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Edesia Inc ($185.7m), Consumer Choice Services Inc ($188.4m) and Feeding America Tampa Bay Inc ($185.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $659k (0.4% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $36.0m against liabilities of $35.1m, net assets of $938k. It reported 36 employees.