Dallas 24 Hour Club Inc

Analysis

Dallas 24 Hour Club Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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, Dallas 24 Hour Club Inc reported income of $2.9m and spending of $2.5m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.9m (+74%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dallas 24 Hour Club Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Parent - Child Center Inc ($2.9m), Million Dollar Round Table Foundation ($2.9m) and Harrison County Handicapped Group Home Corp ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 31% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $9.8m against liabilities of $86k, net assets of $9.7m. It reported 52 employees.