McLean County Dance Association

Analysis

McLean County Dance Association is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in December 1979, 47 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, McLean County Dance Association reported income of $96k and spending of $97k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $96k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McLean County Dance Association sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include 417 Housing Development Fund Company Inc ($96k), Shepherds Staff Inc ($96k) and St Anthony Trust of Hartford Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 77% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.