Marching Dragon Caravan Inc

Analysis

Marching Dragon Caravan Inc is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in August 2001, 25 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, Marching Dragon Caravan Inc reported income of $68k and spending of $63k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $23k to $68k (+191%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 1135%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marching Dragon Caravan Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include The Glover School Parent Teacher Organization Inc ($68k), Spartan Athletic Booster Club Inc ($68k) and Bear Creek Touchdown Club Inc ($68k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.