Contra Costa Ballet Foundation

Analysis

Contra Costa Ballet Foundation is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in March 1975, 51 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, Contra Costa Ballet Foundation reported income of $148k and spending of $125k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $126k to $148k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Contra Costa Ballet Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Friends of the Williamstown Public Library ($148k), Holy Rosary School Endowment Foundation Inc ($148k) and Patidar Cultural Association of USA Inc ($147k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 82% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.