Oak Ridge Civic Ballet Assoc

Analysis

Oak Ridge Civic Ballet Assoc is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in March 1965, 61 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, Oak Ridge Civic Ballet Assoc reported income of $75k and spending of $80k, spending 106% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $78k to $75k (-2.9%), an average of -2.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Ridge Civic Ballet Assoc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include Military Order of the Stars and Bars ($75k), Foothills Craft Guild Inc ($75k) and Week Day Religious Education in Logan County Ohio ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.