Southridge Instrumental Music and Dance Ensembles Inc

Analysis

Southridge Instrumental Music and Dance Ensembles Inc is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Southridge Instrumental Music and Dance Ensembles Inc reported income of $50k and spending of $57k, spending 113% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $7,762 to $50k (+545%), an average of +86% a year. The sharpest change came in the year to June 2022, when income rose by 617%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southridge Instrumental Music and Dance Ensembles Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within OR. Charities of a similar size with the same main cause include The Schuyler Public Library Foundation ($50k), Sibley Betterment Association ($50k) and Friends Of@salisbury Elks Lodge 817 Inc ($50k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.8% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.