The Crystal Charity Ball

Analysis

The Crystal Charity Ball is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1953, 73 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, The Crystal Charity Ball reported income of $8.9m and spending of $8.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $8.9m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Crystal Charity Ball sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include The Community Foundation of Louisville Corporate Depository in ($8.9m), Greater Lafayette Community Foundation ($8.9m) and Foundation of the Caldwell Community College and Technical ($8.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $396k. At year end it held assets of $41.6m against liabilities of $5.8m, net assets of $35.8m. It reported 3 employees.