DHHRM Endowment Foundation Inc

Analysis

DHHRM Endowment Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, DHHRM Endowment Foundation Inc reported income of $1.8m and spending of $402k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $539k to $1.8m (+238%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 635%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, DHHRM Endowment Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Dads Garage Inc ($1.8m), Kuumba Lynx ($1.8m) and Miami Design Preservation League Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $12.9m against liabilities of $12k, net assets of $12.9m.