Dance Project of Washington Heights Inc

Analysis

Dance Project of Washington Heights Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2015, 11 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 2023, Dance Project of Washington Heights Inc reported income of $545k and spending of $621k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $378k to $545k (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 158%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dance Project of Washington Heights Inc 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 72nd percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include National a Philip Randolph Pullman Porter Museum Inc ($545k), Atlanta Press Club Inc ($546k) and Goshen Theater Inc ($545k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $67k (11% of expenses). Other salaries and wages came to $187k. At year end it held assets of $188k against liabilities of $371k, net assets of -$183k. It reported 19 employees.