San Diego Civic Youth Ballet Inc

Analysis

San Diego Civic Youth Ballet Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 1970, 56 years ago. 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 2023, San Diego Civic Youth Ballet Inc reported income of $1.0m and spending of $955k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $792k to $1.0m (+27%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Diego Civic Youth Ballet Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Gold Country Wildlife Rescue Inc ($1.0m), Tailhook Educational Foundation Inc ($1.0m) and Seminary Covenant Community ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $89k (9.3% of expenses). Other salaries and wages came to $481k. At year end it held assets of $916k against liabilities of $488k, net assets of $428k. It reported 33 employees.