Company of Dance Arts

Analysis

Company of Dance Arts is a registered charity in United States, based in Tinton Falls, NJ. It received its IRS tax-exemption ruling in October 1987, 39 years ago. 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 December 2023, Company of Dance Arts reported income of $282k and spending of $250k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $124k to $282k (+128%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 219%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Company of Dance Arts sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Volunteers of America Inc ($282k), Eos Therapeutic Riding Center ($282k) and Dunseith Community Betterment Club ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. At year end it held assets of $139k against liabilities of $13k, net assets of $126k.