Salesmanship Club Foundation

Analysis

Salesmanship Club Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 October 2023, Salesmanship Club Foundation reported income of $6.0m and spending of $8.0m, spending 134% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $11.0m to $6.0m (-45%), an average of -14% a year. The sharpest change came in the year to October 2021, when income rose by 289%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Salesmanship Club Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Neighborhood Stabilization Corporation ($6.0m), Corporation to Develop Communities of Tampa Inc ($6.0m) and Seashare ($6.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $163.6m against liabilities of $54k, net assets of $163.6m.