Needham B Broughton High School Dance Boosters Inc

Analysis

Needham B Broughton High School Dance Boosters Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 2024, 2 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Needham B Broughton High School Dance Boosters Inc reported income of $98k and spending of $100k, spending 102% of its income. Across the 2 years on record, from June 2020 to June 2024, income fell from $211k to $98k (-53%), an average of -54% a year. The sharpest change came in the year to June 2024, when income dropped by 53%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Needham B Broughton High School Dance Boosters Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Prairie Fire Theatre ($98k), Actors Charitable Theatre ($98k) and Problem Library Inc ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 46% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.