Dallas Stars Foundation Inc

Analysis

Dallas Stars Foundation Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Dallas Stars Foundation Inc reported income of $1.9m and spending of $1.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $1.9m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 184%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dallas Stars Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Mount Royal Academy Inc ($1.9m), Empowher Institute Inc ($1.9m) and Acorn Montessori School Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $175k (9.1% of expenses). Other salaries and wages came to $262k. At year end it held assets of $1.2m against liabilities of $755k, net assets of $464k.