Elizabeth Youth Theater Ensemble

Analysis

Elizabeth Youth Theater Ensemble is a registered charity in United States, based in Elizabeth, NJ. It received its IRS tax-exemption ruling in August 2015, 11 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Elizabeth Youth Theater Ensemble reported income of $576k and spending of $572k, spending 99% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $128k to $576k (+349%), an average of +112% a year. The sharpest change came in the year to May 2023, when income rose by 228%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elizabeth Youth Theater Ensemble sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Dezart Performs ($576k), Culturehub ($576k) and Danville Harvest Jubilee Inc ($576k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $91k (16% of expenses). Other salaries and wages came to $408k. At year end it held assets of $3,901 against liabilities of $0, net assets of $3,901.