Regional Dance America Inc

Analysis

Regional Dance America Inc is a registered charity in United States, based in Lemoyne, PA. It received its IRS tax-exemption ruling in June 1992, 34 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 August 2023, Regional Dance America Inc reported income of $322k and spending of $381k, spending 118% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $227k to $322k (+42%), an average of +9.1% a year. The sharpest change came in the year to August 2022, when income rose by 130%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Regional Dance America Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Pba Widows & Childrens Fund Inc ($322k), Road Runners Club of America ($322k) and Virtus Et Veritas Ministries ($322k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 32% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $96k (25% of expenses). At year end it held assets of $502k against liabilities of $34, net assets of $502k. It reported 2 employees.