King David Dance Company

Analysis

King David Dance Company is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, King David Dance Company reported income of $116k and spending of $118k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $116k (-0.8%), an average of -0.8% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, King David Dance Company sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Jeremiah 38 Ministries Inc ($116k), International Vision Inc ($116k) and First Central Presbyterian Church of Wilmington de Inc TR 379 ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 76% of the total. At year end it held assets of $51k against liabilities of $7,022, net assets of $44k.