Dallas Seminary Foundation

Analysis

Dallas Seminary Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Dallas Seminary Foundation reported income of $12.7m and spending of $11.0m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $9.5m to $12.7m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 229%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dallas Seminary Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Onslow County Partnership for Children ($12.7m), Nashville Classical ($12.7m) and Foothill Country Day School ($12.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $281k (2.6% of expenses). Other salaries and wages came to $324k. At year end it held assets of $106.4m against liabilities of $41.8m, net assets of $64.6m. It reported 8 employees.