River City Youth Ballet Ensemble Inc

Analysis

River City Youth Ballet Ensemble Inc is a registered charity in United States, based in Elkview, WV. It received its IRS tax-exemption ruling in March 2000, 26 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, River City Youth Ballet Ensemble Inc reported income of $74k and spending of $77k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $74k (+6.1%), an average of +6.1% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, River City Youth Ballet Ensemble Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WV. Charities of a similar size with the same main cause include Robstown Area Historical Museum ($74k), Academy of Dance and Creative Arts Inc ($74k) and Gathering of the Tribes ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.