DHK Wellness Strategies Inc

Analysis

DHK Wellness Strategies Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, DHK Wellness Strategies Inc reported income of $198k and spending of $193k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $13k to $198k (+1370%), an average of +145% a year. The sharpest change came in the year to December 2021, when income rose by 960%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, DHK Wellness Strategies Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include North Stars Association for Competitive Gymnastics Inc ($198k), Northern Tribs Swimming Inc ($198k) and Education Burma Thailand Myanmar ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (37% of expenses). At year end it held assets of $16k against liabilities of $33k, net assets of -$16k. It reported 2 employees.