Dallas Association of Young Lawyers Foundation

Analysis

Dallas Association of Young Lawyers Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dallas Association of Young Lawyers Foundation reported income of $124k and spending of $133k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $124k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dallas Association of Young Lawyers Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Texas Garden Clubs Inc ($124k), Mid Valley Rep Payee ($124k) and Fort Wayne Sister Cities International Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% of the total. Compensation of current officers, directors and key employees was $33k (25% of expenses). At year end it held assets of $624k against liabilities of $19k, net assets of $606k.