Danscompany of Gainesville Inc

Analysis

Danscompany of Gainesville Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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 August 2023, Danscompany of Gainesville Inc reported income of $158k and spending of $186k, spending 118% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $180k to $158k (-12%), an average of -3.3% a year. The sharpest change came in the year to August 2022, when income rose by 275%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Danscompany of Gainesville 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 Arte Art Reconciliation Truth Empowerment ($158k), PTA Oregon Congress ($158k) and Cochlear Implant Awareness Foundation Inc ($158k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 59% and program service revenue 33% of the total. At year end it held assets of $89k against liabilities of $6,973, net assets of $82k.