Ballet Folklorico de Riverside

Analysis

Ballet Folklorico de Riverside is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in March 1994, 32 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 2023, Ballet Folklorico de Riverside reported income of $69k and spending of $75k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $65k to $69k (+5.5%), an average of +5.5% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ballet Folklorico de Riverside sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Livingston County Farm Bureau Foundation ($69k), Friends of Haiku Stairs ($69k) and G E B a S Foundation Inc ($69k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 66% of the total. At year end it held assets of -$6,772 against liabilities of $0, net assets of -$6,772.