Portland Youth Dance

Analysis

Portland Youth Dance is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in December 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 (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, Portland Youth Dance reported income of $92k and spending of $80k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $92k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portland Youth Dance sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 28th percentile within ME. Charities of a similar size with the same main cause include Deer Isle Artists Association ($92k), City of Dunedin Pipe Band Inc ($92k) and Fox Island Chapel Preservation Society ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 17% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.