Ballet Arts Ensemble of Fairfax Inc

Analysis

Ballet Arts Ensemble of Fairfax Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ballet Arts Ensemble of Fairfax Inc reported income of $58k and spending of $64k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $58k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ballet Arts Ensemble of Fairfax Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Microdosing Collective ($57k), P&hcc Real Estate Foundation Inc ($58k) and Pinnacle Academy PTO ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $37k against liabilities of $11k, net assets of $26k.