Outloud Dallas

Analysis

Outloud Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Outloud Dallas reported income of $523k and spending of $471k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $50k to $523k (+945%), an average of +119% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Outloud Dallas sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Palmetto Boys State ($523k), Nebraska Vocational Agricultural Foundation ($523k) and Hanover Youth Athletic Association ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $154k (33% of expenses). At year end it held assets of $235k against liabilities of $0, net assets of $235k. It reported 2 employees.