Knanaya Catholic Association of Dallas-Ft Worth Inc

Analysis

Knanaya Catholic Association of Dallas-Ft Worth Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Knanaya Catholic Association of Dallas-Ft Worth Inc reported income of $83k and spending of $144k, spending 174% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $137k to $83k (-39%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Knanaya Catholic Association of Dallas-Ft Worth Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Destiny Heights Inc ($83k), Fellowship of Ailbe ($83k) and Grace Bridge for Christ Ministry ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $432k against liabilities of $0, net assets of $432k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.