Double Eagle Charities Inc

Analysis

Double Eagle Charities Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in February 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 (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, Double Eagle Charities Inc reported income of $854k and spending of $779k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $583k to $854k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Double Eagle Charities Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Centro de Cultura Arte Trabajo Y Educacion ($854k), Jubilee Immigration Advocates ($854k) and North Mason Food Bank ($854k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 197% of the total. At year end it held assets of $330k against liabilities of $0, net assets of $330k.