Vail Friends of Dance Inc

Analysis

Vail Friends of Dance Inc is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in April 1987, 39 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 May 2024, Vail Friends of Dance Inc reported income of $185k and spending of $165k, spending 89% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $119k to $185k (+56%), an average of +12% a year. The sharpest change came in the year to May 2022, when income rose by 56%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vail Friends of Dance Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within CO. Charities of a similar size with the same main cause include PTA Texas Congress ($185k), Bunker Hill Associates ($185k) and Wild and Free Wildlife Program ($185k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 29% and program service revenue 69% of the total. At year end it held assets of $132k against liabilities of $5,563, net assets of $127k.