Dallas Hope Charities

Analysis

Dallas Hope Charities is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Dallas Hope Charities reported income of $410k and spending of $407k, spending 99% of its income. Across the 4 years on record, from December 2018 to December 2022, income grew from $247k to $410k (+66%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 154%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dallas Hope Charities sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Foresight Ski Guides Inc ($410k), YMCA Shared Services Inc ($410k) and Mary McLeod-Bethune Intervention & Enrichment Center ($410k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $185k. At year end it held assets of $466k against liabilities of $193k, net assets of $273k. It reported 5 employees.