Oak Cliff Records & Library

Analysis

Oak Cliff Records & Library is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Oak Cliff Records & Library reported income of $52k and spending of $59k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $52k (+11%), an average of +11% a year. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oak Cliff Records & Library sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Westmont Music Boosters ($52k), Travel and Sports Legacy Foundation ($52k) and Montessori School of Massachusetts ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $4,823 against liabilities of $2,145, net assets of $2,678.