Independent Social Committee

Analysis

Independent Social Committee is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Independent Social Committee reported income of $134k and spending of $133k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $109k to $134k (+24%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Independent Social Committee sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Pottsboro Kids Club ($134k), Writers in Residence ($134k) and Seela Sports ($134k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.