Emiarteflamenco Academy

Analysis

Emiarteflamenco Academy is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Emiarteflamenco Academy reported income of $140k and spending of $110k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $138k to $140k (+1.1%), an average of +1.1% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emiarteflamenco Academy sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within NM. Charities of a similar size with the same main cause include Holyoke Public Library Corp ($140k), Davidson Middle School PTO ($140k) and Mid-Eastern Assoc of Educational Opportunity Program Personnel ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $79k against liabilities of $6,210, net assets of $73k.