The Dale House Project

Analysis

The Dale House Project is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The Dale House Project reported income of $1.3m and spending of $1.7m, spending 135% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.3m (+22%), an average of +5.1% a year. The sharpest change came in the year to September 2021, when income rose by 84%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Dale House Project sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.3m), San Clemente Eah Inc ($1.3m) and Azalea Christian Manor ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 57% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $135k (7.9% of expenses). Other salaries and wages came to $699k. At year end it held assets of $3.8m against liabilities of $314k, net assets of $3.5m. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.