Aalim Dance Academy Inc

Analysis

Aalim Dance Academy Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 1999, 27 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aalim Dance Academy Inc reported income of $86k and spending of $86k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $86k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aalim Dance Academy Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within OK. Charities of a similar size with the same main cause include Coachella Valley Journalism Foundation ($86k), Play on Arts ($86k) and Country Theatre Workshop ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. At year end it held assets of $32k against liabilities of $3,159, net assets of $29k.