Karen Peterson and Dancers Inc

Analysis

Karen Peterson and Dancers Inc is a registered charity in United States, based in Pinecrest, FL. It received its IRS tax-exemption ruling in April 1987, 39 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 December 2023, Karen Peterson and Dancers Inc reported income of $157k and spending of $118k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $157k (+7.2%), an average of +1.7% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Karen Peterson and Dancers Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Flag Works Inc ($157k), City Angeles Baseball Academy ($157k) and Maumee Rotary Service Foundation ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $18k (15% of expenses). At year end it held assets of $172k against liabilities of $0, net assets of $172k.