Ballet Guild of the Lehigh Valley

Analysis

Ballet Guild of the Lehigh Valley is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in August 1974, 52 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 June 2024, Ballet Guild of the Lehigh Valley reported income of $378k and spending of $380k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $345k to $378k (+9.6%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ballet Guild of the Lehigh Valley sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Greater Paradise Valley Community Assistance Team ($378k), St Josephs Day Care Center Inc ($378k) and National Church Residences Mercedarian of Cleveland Oh ($377k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 68% of the total. Other salaries and wages came to $150k. At year end it held assets of $89k against liabilities of $733, net assets of $89k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.