Princeton Youth Ballet Inc

Analysis

Princeton Youth Ballet Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in February 2007, 19 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 June 2024, Princeton Youth Ballet Inc reported income of $110k and spending of $98k, spending 89% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $84k to $110k (+31%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 15%. 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, Princeton Youth Ballet Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Greater Cincinnati Police Historical Society Inc ($110k), Aviation Hall of Fame of New Jersey ($110k) and Earthknowsys Incorporated ($110k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. At year end it held assets of $33k against liabilities of $420, net assets of $33k.