Allegro Dancers Inc

Analysis

Allegro Dancers Inc is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Allegro Dancers Inc reported income of $197k and spending of $186k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $193k to $197k (+1.8%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Allegro Dancers Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include South Huntington SC Inc ($197k), Merced Elks Skimmers Swim Team ($197k) and Danbury Youth Baseball ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $993k against liabilities of $295k, net assets of $698k.