Vaad Hakashrus of Dallas Inc

Analysis

Vaad Hakashrus of Dallas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, Vaad Hakashrus of Dallas Inc reported income of $1.2m and spending of $1.1m, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $241k to $1.2m (+382%), an average of +37% a year. The sharpest change came in the year to December 2019, when income rose by 124%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vaad Hakashrus of Dallas Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Generations Crossing ($1.2m), Family and Childrens Services of Mid-Michigan FCSM ($1.2m) and Giving Grove ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $382k (34% of expenses). At year end it held assets of $476k against liabilities of $10k, net assets of $466k. It reported 4 employees.