DBSC Inc
Analysis
DBSC Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, DBSC Inc reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $452k to $1.2m (+170%), an average of +28% a year. The sharpest change came in the year to June 2020, when income rose by 178%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, DBSC Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Anderson Center Inc ($1.2m), National Model United Nations Inc ($1.2m) and Harvard Consulting on Business and the Environment ($1.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Other salaries and wages came to $519k. It paid $2,480 in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $983k, net assets of $452k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 81%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Anderson Center Inc | Saint Cloud | $1.2m |
| National Model United Nations Inc | Minneapolis | $1.2m |
| Harvard Consulting on Business and the Environment | Cambridge | $1.2m |
| Hope Preparatory School Inc | Kinston | $1.2m |