Elevate Dallas

Analysis

Elevate Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 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 June 2023, Elevate Dallas reported income of $284k and spending of $252k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $294k to $284k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. 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, Elevate Dallas sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Tennessee Music Education Association ($284k), Foundation for Science and Math Education Inc ($284k) and Journey School of Houston ($284k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $128k. At year end it held assets of $145k against liabilities of $5,761, net assets of $139k. It reported 7 employees.