The Dallas Friendship Circle Inc

Analysis

The Dallas Friendship Circle Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Dallas Friendship Circle Inc reported income of $185k and spending of $231k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $175k to $185k (+5.9%), an average of +5.9% a year. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Dallas Friendship Circle Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Saints Sports Inc ($185k), Trustees of Purdue University ($185k) and South County Youth Coalition Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $9,826, net assets of $64k.