Dallas Hearing Foundation Inc

Analysis

Dallas Hearing Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Dallas Hearing Foundation Inc reported income of $307k and spending of $387k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $517k to $307k (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dallas Hearing Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Community Kitchen Inc ($307k), Feeding Charlotte Inc ($307k) and York Electric Trust Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 119% of the total. Compensation of current officers, directors and key employees was $107k (28% of expenses). At year end it held assets of $388k against liabilities of $26k, net assets of $362k. It reported 2 employees.