Ridgefield Conservatory of Dance Inc

Analysis

Ridgefield Conservatory of Dance Inc is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in October 2003, 23 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ridgefield Conservatory of Dance Inc reported income of $739k and spending of $637k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $772k to $739k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ridgefield Conservatory of Dance Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($739k), Congers Volunteer Ambulance Corps Inc ($739k) and LA Porte County Meals on Wheels Inc ($739k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 89% of the total. Other salaries and wages came to $134k. At year end it held assets of $678k against liabilities of $7,897, net assets of $670k. It reported 4 employees.