FC Dallas Foundation

Analysis

FC Dallas Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2007, 19 years ago. 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, FC Dallas Foundation reported income of $390k and spending of $276k, leaving 29% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $249k to $390k (+57%), an average of +9.4% a year. The sharpest change came in the year to December 2019, when income rose by 52%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, FC Dallas Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Health Occupations Students of America ($390k), Habitat for Humanity International Inc ($390k) and Coleman a Young Foundation ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $675k against liabilities of $59k, net assets of $615k.