Boston Dance Alliance Inc

Analysis

Boston Dance Alliance Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 1994, 32 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 June 2023, Boston Dance Alliance Inc reported income of $538k and spending of $486k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $660k to $538k (-18%), an average of -6.5% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boston Dance Alliance Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include West Shore Bureau of Fire ($538k), Habitat for Humanity International Inc ($539k) and Sycamore Glen Inc ($538k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $78k (16% of expenses). Other salaries and wages came to $22k. At year end it held assets of $313k against liabilities of $20k, net assets of $293k. It reported 3 employees.