NYC Dance Alliance Foundation Inc

Analysis

NYC Dance Alliance Foundation Inc is a registered charity in United States, based in Mahwah, NJ. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, NYC Dance Alliance Foundation Inc reported income of $588k and spending of $628k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $627k to $588k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, NYC Dance Alliance Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($587k), Marzano Academies Inc ($588k) and Connexus Association Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. At year end it held assets of $542k against liabilities of $8,825, net assets of $533k.