Israeli Dance Institute Inc

Analysis

Israeli Dance Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2021, 5 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 June 2023, Israeli Dance Institute Inc reported income of $74k and spending of $71k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $55k to $74k (+36%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Israeli Dance Institute Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Tran Hung Dao Foundation ($74k), Joined Artists Musicians & Singers Inc ($74k) and Barons Men ($74k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.