Pacific Ballroom Dance

Analysis

Pacific Ballroom Dance is a registered charity in United States, based in Auburn, WA. It received its IRS tax-exemption ruling in March 2005, 21 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, Pacific Ballroom Dance reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $755k to $1.0m (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 22%. 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, Pacific Ballroom Dance sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Independent Living Resources Inc ($1.0m), Mid-Michigan Guardianship ($1.0m) and League of Prayer Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $80k (7.6% of expenses). Other salaries and wages came to $516k. At year end it held assets of $396k against liabilities of $3,407, net assets of $392k. It reported 49 employees.