Hudson Ballet Theatre Inc

Analysis

Hudson Ballet Theatre Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 2018, 8 years ago. 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, Hudson Ballet Theatre Inc reported income of $145k and spending of $129k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $145k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hudson Ballet Theatre Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Nep Sno Trails Inc ($145k), Berlin & Coos County Historical Society ($145k) and Devotions for Growing Christians Inc ($145k).

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 $26k against liabilities of $0, net assets of $26k.