Richmond Urban Dance Inc

Analysis

Richmond Urban Dance Inc is a registered charity in United States, based in Mechanicsvlle, VA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Richmond Urban Dance Inc reported income of $247k and spending of $296k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $334k to $247k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Richmond Urban Dance Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include CPC of the WMM - Norcross Ga - One Inc ($247k), Deshis Hope International ($247k) and Love Worth Sharing ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $38k (13% of expenses). Other salaries and wages came to $87k. At year end it held assets of $57k against liabilities of $0, net assets of $57k. It reported 5 employees.