Dallas Social Venture Partners

Analysis

Dallas Social Venture Partners is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Social Venture Partners reported income of $1.8m and spending of $1.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.8m (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dallas Social Venture Partners sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Lakeville Hockey Association ($1.8m), North Arkansas Medical Services ($1.8m) and Trinity Valley Community College Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $181k (11% of expenses). Other salaries and wages came to $362k. At year end it held assets of $2.9m against liabilities of $178k, net assets of $2.7m. It reported 7 employees.