Episcopal Foundation of Dallas

Analysis

Episcopal Foundation of Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Episcopal Foundation of Dallas reported income of $682k and spending of $424k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $512k to $682k (+33%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Episcopal Foundation of Dallas sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Gurdwara Guru Angad Darbar Inc ($682k), Benevolent Buddhist Temple Inc ($682k) and Debre Medhanit Eyesus Ethiopian Orthodox Tewahido Church ($682k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 16% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $88k (21% of expenses). Other salaries and wages came to $54k. At year end it held assets of $44.3m against liabilities of $37.0m, net assets of $7.2m. It reported 4 employees.