610 Stompers Inc

Analysis

610 Stompers Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, 610 Stompers Inc reported income of $165k and spending of $182k, spending 110% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $300k to $165k (-45%), an average of -18% a year. The sharpest change came in the year to June 2022, when income dropped by 49%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 610 Stompers Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within LA. Charities of a similar size with the same main cause include Forum Jazz Dance Theatre ($165k), Mexican Cultural Center ($165k) and Chinese Language Teachers Association Inc ($165k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 30% of the total. At year end it held assets of $197k against liabilities of $24k, net assets of $173k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.