First Presbyterian Church of Dallas Foundation

Analysis

First Presbyterian Church of Dallas Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1962, 64 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Presbyterian Church of Dallas Foundation reported income of $794k and spending of $1.8m, spending 228% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $794k (-75%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 90%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Presbyterian Church of Dallas Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Sri Venkateswara Temple of Colorado Inc ($793k), Mies Foundation Inc ($794k) and Emerge Missions Inc ($793k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 144% of the total. At year end it held assets of $37.7m against liabilities of $3.5m, net assets of $34.2m.