Storks Nest Charity Fund of Dallas

Analysis

Storks Nest Charity Fund of Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover human services, 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 June 2023, Storks Nest Charity Fund of Dallas reported income of $52k and spending of $37k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $96k to $52k (-46%), an average of -46% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Storks Nest Charity Fund of Dallas sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Jones Valley Teaching Farm Center for Food Education ($52k), Son Ministries Inc ($52k) and Chinatown Main Street Inc ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $162k against liabilities of $1,053, net assets of $161k.