Saratoga City Ballet Inc

Analysis

Saratoga City Ballet Inc is a registered charity in United States, based in Saratoga Springs, NY. It received its IRS tax-exemption ruling in March 1994, 32 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, Saratoga City Ballet Inc reported income of $139k and spending of $144k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $157k to $139k (-11%), an average of -11% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saratoga City Ballet Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include The Boston Cecilia Inc ($139k), Clayton Main Street ($139k) and Credo Choir ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.