Mid Atlantic Dance Masters Chapter 17 Inc

Analysis

Mid Atlantic Dance Masters Chapter 17 Inc is a registered charity in United States, based in Smithsburg, MD. It received its IRS tax-exemption ruling in April 2017, 9 years ago. 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 August 2023, Mid Atlantic Dance Masters Chapter 17 Inc reported income of $111k and spending of $94k, spending 85% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $88k to $111k (+27%), an average of +27% a year. The sharpest change came in the year to August 2023, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid Atlantic Dance Masters Chapter 17 Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Georgia Salzburger Society ($111k), Little League Baseball Inc ($111k) and Union Station Foundation ($111k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 1.3% and program service revenue 89% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.