New Castle Parou Ballet Company

Analysis

New Castle Parou Ballet Company is a registered charity in United States, based in New Castle, PA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Castle Parou Ballet Company reported income of $196k and spending of $189k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $201k to $196k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Castle Parou Ballet Company sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Ecohealth Network Inc ($196k), D C S Different Drummers ($196k) and Little League Baseball Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.