Ballroom of Reno

Analysis

Ballroom of Reno is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Ballroom of Reno reported income of $124k and spending of $132k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $124k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ballroom of Reno sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within NV. Charities of a similar size with the same main cause include Marysville Jr Indians Youth Football & Cheer ($124k), Midland Valley Athletic Booster Club ($124k) and Central Arkansas Soccer Club ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $23k against liabilities of $58k, net assets of -$35k.