Dance Alive Inc

Analysis

Dance Alive Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in August 1974, 52 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 May 2024, Dance Alive Inc reported income of $1.5m and spending of $1.1m, leaving 26% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $717k to $1.5m (+107%), an average of +20% a year. The sharpest change came in the year to May 2023, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dance Alive Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include United Day Care Center ($1.5m), Family Service Inc ($1.5m) and Ansonborough Housing Corporation ($1.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $80k (7.2% of expenses). Other salaries and wages came to $514k. At year end it held assets of $947k against liabilities of $100k, net assets of $847k. It reported 29 employees.