Houston Metropolitan Dance Center Inc

Analysis

Houston Metropolitan Dance Center Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Houston Metropolitan Dance Center Inc reported income of $568k and spending of $533k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $568k (+78%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Houston Metropolitan Dance Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Hertford-Northampton Smart Start Partnership for Children Inc ($568k), Urban Village Montessori ($568k) and National Hook Up of Black Women Inc ($568k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $215k (40% of expenses). At year end it held assets of $5,104 against liabilities of $409k, net assets of -$404k. It reported 8 employees.