Guide Right Foundation of Dallas Inc

Analysis

Guide Right Foundation of Dallas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 2022, Guide Right Foundation of Dallas Inc reported income of $78k and spending of $66k, spending 85% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $412k to $78k (-81%), an average of -81% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 29% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guide Right Foundation of Dallas Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Port Townsend Kiwanis Charitable Trust ($78k), St Peters Centers for Comprehensive Services Inc ($78k) and St Louis Cultural Flamenco Society Inc ($78k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $605k against liabilities of $0, net assets of $605k.