American Tap Dance Foundation Inc

Analysis

American Tap Dance Foundation Inc is a registered charity in United States, based in Burr Ridge, IL. It received its IRS tax-exemption ruling in March 1988, 38 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 2024, American Tap Dance Foundation Inc reported income of $501k and spending of $574k, spending 115% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $737k to $501k (-32%), an average of -7.4% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Tap Dance Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Seward Child Care Center Inc ($501k), Neskowin Valley School ($501k) and St Elizabeth Home Workers Comp TR ($501k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $213k. At year end it held assets of $16k against liabilities of $45k, net assets of -$29k.