Several Dancers Core Inc

Analysis

Several Dancers Core Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in April 1995, 31 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 June 2024, Several Dancers Core Inc reported income of $220k and spending of $399k, spending 182% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $653k to $220k (-66%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 62%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Several Dancers Core Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Act Two Second Hand Store Inc ($220k), Twin Lakes Association of Salisbury Inc ($220k) and Rotary Club of Del Mar Foundation Trust ($220k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $61k (15% of expenses). Other salaries and wages came to $110k. At year end it held assets of $259k against liabilities of $18k, net assets of $242k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.