The Dance Rave Team Inc

Analysis

The Dance Rave Team Inc is a registered charity in United States, based in South Windsor, CT. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Dance Rave Team Inc reported income of $75k and spending of $70k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $67k to $75k (+12%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Dance Rave Team Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include East Texas Youth Orchestra Inc ($75k), Berkeley City Club Conservancy ($75k) and Academy of Underwater Arts and Sciences ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.