Floyd Ward Dance Ensembles Inc

Analysis

Floyd Ward Dance Ensembles Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 July 2024, Floyd Ward Dance Ensembles Inc reported income of $124k and spending of $98k, leaving 21% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $65k to $124k (+91%), an average of +91% a year. The sharpest change came in the year to July 2024, when income rose by 91%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Floyd Ward Dance Ensembles Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Eastside Football Club ($124k), Plano International Festival Corporation ($124k) and Sag Harbor Community Rowing Limited ($124k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 44% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.