Commit2dallas

Analysis

Commit2dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Commit2dallas reported income of $37.6m and spending of $22.4m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $37.6m (+268%), an average of +38% a year. The sharpest change came in the year to June 2021, when income rose by 126%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Commit2dallas sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Concord Academy ($37.6m), Madeira School Inc ($37.6m) and Trinity International University ($37.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $1.4m (6.3% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $42.1m against liabilities of $4.3m, net assets of $37.9m. It reported 81 employees.