Friends Of@danceworks Wa

Analysis

Friends Of@danceworks Wa is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in June 2016, 10 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 December 2023, Friends Of@danceworks Wa reported income of $88k and spending of $79k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $88k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends Of@danceworks Wa sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include Hot Springs Childrens Dance Theatre Co ($88k), Chicago Community Chorus ($88k) and First State Robotics Incorporated ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $11k, net assets of $48k.