DBC Foundation

Analysis

DBC Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, DBC Foundation reported income of $126k and spending of $49k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $126k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, DBC Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Firebox Initiative Inc ($126k), Hunter Brooks Watson Memorial Fund ($126k) and Forsyth Education Partnership ($126k).

At year end it held assets of $82k against liabilities of $80k, net assets of $2,098.