Chance 2 Dance Inc

Analysis

Chance 2 Dance Inc is a registered charity in United States, based in Maitland, FL. It received its IRS tax-exemption ruling in May 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Chance 2 Dance Inc reported income of $456k and spending of $414k, spending 91% of its income. Across the 6 years on record, from December 2019 to July 2024, income grew from $222k to $456k (+106%), an average of +16% a year. The sharpest change came in the year to July 2022, when income rose by 241%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chance 2 Dance Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Historic Mother Emanuel Amec Foundation ($456k), Hudson River Music Hall Productions ($456k) and Operation Song ($456k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 59% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $56k (14% of expenses). Other salaries and wages came to $169k. At year end it held assets of $179k against liabilities of $9,225, net assets of $170k. It reported 9 employees.