New Jersey Civic Youth Ballet Inc

Analysis

New Jersey Civic Youth Ballet Inc is a registered charity in United States, based in Hackettstown, NJ. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, New Jersey Civic Youth Ballet Inc reported income of $105k and spending of $103k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $105k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Jersey Civic Youth Ballet Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Indiana Fiddlers Gathering Inc ($105k), Professional Theatre and Dance Youth Academy ($105k) and Mariachi Scholarship Foundation ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 57% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.